Commit To Buy Veritone At $10, Earn 41.2% Annualized Using Options
September 04, 2018 at 11:10 AM EDT
Investors considering a purchase of Veritone Inc (VERI) shares, but cautious about paying the going market price of $10.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $10 strike, which has a bid at the time of this writing of $1.85..