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Commit To Buy TPI Composites At $0.50, Earn 86.9% Annualized Using Options

Investors eyeing a purchase of TPI Composites Inc (TPIC) shares, but cautious about paying the going market price of $0.9472/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $0.50 strike, which has a bid at the time of this writing of 15 cents..

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TPI Composites, Inc. (TPIC)