Commit To Purchase Dyax Corp At $22.50, Earn 14.5% Annualized Using Options
July 10, 2015 at 11:41 AM EDT
Investors considering a purchase of Dyax Corp (DYAX) shares, but tentative about paying the going market price of $27.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2016 put at the $22.50 strike, which has a bid at the time of this writing of $2.00..