LYFT stock has been volatile but flat in the last 3 months, with high put option premiums offering attractive yields. The stock is up today but previously hit highs of $24.57 and lows of $9.97 in the past year. Lyft’s strong free cash flow and potential growth make it undervalued based on analyst price targets of $24.23, offering a 23.6% upside. Shorting out-of-the-money put options on LYFT can provide short-sellers with attractive one-month yields of 5.55% or 4.97%, giving investors a way to generate income and potentially lower their buy-in point.

Read more at Barchart: LYFT Stock Has Been Flat for 3 Months