Another way to capitalize (no pun) on low price is to write a PUT option.
A February 2022 put would be short term capital gain in 2022 if it expires. You collect the premium now no matter what happens. If assigned, the 31-day countdown starts.
Generally, don't do this unless the stock has lots of option activity and therefore liquidity.
If you'll name the stock, I'll look that up for you.
