Commit To Buy Insys Therapeutics At $33, Earn 26% Annualized Using Options
November 26, 2014 at 11:32 AM EST
Investors considering a purchase of Insys Therapeutics Inc (INSY) shares, but cautious about paying the going market price of $39.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $33 strike, which has a bid at the time of this writing of $4.00..