Commit To Purchase Infinity Pharmaceuticals At $10, Earn 7.4% Annualized Using Options
March 25, 2015 at 11:33 AM EDT
Investors eyeing a purchase of Infinity Pharmaceuticals Inc (INFI) stock, but tentative about paying the going market price of $15.05/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 $10 strike, which has a bid at the time of this writing of 60 cents..