Investors interested in Dave Inc (Symbol: DAVE) shares, currently priced at $279.00, may find the January 2027 put option at a $170 strike with a bid of $38.60 to be a viable alternative strategy. This premium offers a 22.7% return based on the $170 commitment, translating to a 14.9% annualized rate of return, known as the YieldBoost.
However, selling the put option does not provide the same upside potential as owning shares, as the seller will only acquire shares if the contract is exercised. If Dave Inc’s stock does not decline by 39.1% to warrant exercise, the seller stands to gain only from the premium collected. The trailing twelve-month volatility for Dave Inc is calculated at 91% based on the last 249 trading days.
