If you are looking to start a position this is a great price.
I would highly recommend you look into selling 16 or 15 puts.
This states that you are going to buy 100 shares of stock at 16 or 15 dollars/share.
So $1500 -$1600 is what you need. 15 puts paying you 2.5 % premium 16 puts paying you 5% premium currently.
Sell put at 15 or 16 strike. expiration 5/15. That’s just 2 weeks or 5/29 expiration. This is sit back and wait. 4% and 7% respectively for a month.
That is literally half of the return most try to get per year.
Or straight buy shares here sell shares at $20 plus for 25% gain