Lyft Put Options Have High Premiums – Good for OTM Short Sellers as an Income Play
From Barchart.:
Lyft stock continues to climb, leading to higher put options that benefit short sellers. The forecast of positive free cash flow (FCF) from Lyft is seen as a positive for those betting against the company with put options. This trend has provided a boost for short sellers of out-of-the-money puts.
Read more at Barchart.: Lyft Put Options Have High Premiums – Good for OTM Short Sellers as an Income Play