LYFT | Lyft Inc | Quick Take
In this short [LYFT | Lyft Inc | Quick Take] video 🎥, we’re going to be discussing the ride hailing company, Lyft. As many of you may know, Lyft is a strong competitor to Uber in the market. Recently, I came across the opportunity to potentially sell puts on Lyft with a strike price of $9 for the month of March. However, upon further analysis, I found that the current premiums for this option aren’t as attractive as we would like them to be. Even with the stock at a high of $52, the premiums are only at 25 cents. But fear not, as I’m sure most of you are already familiar with Lyft as a company. We may have even discussed it in the past, and in the future I may do a deeper dive into it. But for now, let’s take a look at why this option may not be the best choice for our portfolio. Stay tuned for more investment insights, and don’t forget to like and subscribe for more content like this. Thanks for watching!
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