Commit To Purchase Genomic Health At $70, Earn 19.2% Annualized Using Options
February 27, 2019 at 11:55 AM EST
Investors eyeing a purchase of Genomic Health Inc (GHDX) shares, but cautious about paying the going market price of $76.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $70 strike, which has a bid at the time of this writing of $4.20..