Commit To Buy Rockwell Medical At $8, Earn 34.6% Annualized Using Options
July 03, 2014 at 12:03 PM EDT
Investors considering a purchase of Rockwell Medical, Inc (RMTI) stock, but tentative about paying the going market price of $12.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $8 strike, which has a bid at the time of this writing of $1.50..