Commit To Purchase CytomX Therapeutics At $12.50, Earn 10.4% Annualized Using Options
January 17, 2019 at 11:52 AM EST
Investors eyeing a purchase of CytomX Therapeutics Inc (CTMX) stock, but cautious about paying the going market price of $16.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $12.50 strike, which has a bid at the time of this writing of 75 cents..