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Commit To Purchase Sable Offshore At $15, Earn 15.7% Using Options

Investors eyeing a purchase of Sable Offshore Corp (SOC) shares, but cautious about paying the going market price of $28.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2027 put at the $15 strike, which has a bid at the time of this writing of $2.35..

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Sable Offshore Corp. (SOC)