Commit To Buy XenoPort At $5, Earn 15.8% Annualized Using Options
October 09, 2014 at 11:29 AM EDT
Investors eyeing a purchase of XenoPort Inc (XNPT) shares, but tentative about paying the going market price of $5.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $5 strike, which has a bid at the time of this writing of 35 cents..