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Commit To Purchase Ouster At $5, Earn 29% Using Options

Investors considering a purchase of Ouster Inc (OUST) shares, but tentative about paying the going market price of $7.76/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 $5 strike, which has a bid at the time of this writing of $1.45..
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