Commit To Buy Five Prime Therapeutics At $12.50, Earn 18.4% Annualized Using Options
June 21, 2018 at 12:15 PM EDT
Investors considering a purchase of Five Prime Therapeutics, Inc (FPRX) stock, but cautious about paying the going market price of $17.42/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $12.50 strike, which has a bid at the time of this writing of $1.15..