Commit To Buy Intercept Pharmaceuticals At $150, Earn 12% Using Options
October 27, 2014 at 11:31 AM EDT
Investors eyeing a purchase of Intercept Pharmaceuticals Inc (ICPT) shares, but tentative about paying the going market price of $239.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $150 strike, which has a bid at the time of this writing of $18.00..