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Commit To Purchase PowerFleet At $2.50, Earn 13.5% Annualized Using Options

Investors considering a purchase of PowerFleet Inc (AIOT) stock, but tentative about paying the going market price of $4.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..
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