Commit To Purchase Incyte Corporation At $60, Earn 8.3% Using Options
December 10, 2014 at 11:42 AM EST
Investors considering a purchase of Incyte Corporation (INCY) stock, but cautious about paying the going market price of $77.47/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 $60 strike, which has a bid at the time of this writing of $5.00..