Investors interested in Fluence Energy Inc (FLNC) shares, currently priced at $31.39, may consider selling a January 2028 put option with a $12 strike price. This put contract offers a bid of $3.40, which translates to a 28.3% return based on the $12 commitment, or 14.3% annualized.
Selling the put does not provide the same benefits as owning the shares outright, as the put seller would only acquire shares if the contract is exercised due to a drop in FLNC’s share price. Currently, a 61.7% decline would be needed for the contract to be exercised, lowering the effective cost basis to $8.60 per share after accounting for the premium received. The historical volatility of the stock stands at 120%, based on the last 251 trading days.
