Commit To Buy Tesaro At $60, Earn 15% Using Options
July 22, 2016 at 11:41 AM EDT
Investors eyeing a purchase of Tesaro Inc (TSRO) stock, but cautious about paying the going market price of $93.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $60 strike, which has a bid at the time of this writing of $9.00..