Commit To Purchase Infinity Pharmaceuticals At $1, Earn 21.5% Annualized Using Options
August 03, 2016 at 11:41 AM EDT
Investors eyeing a purchase of Infinity Pharmaceuticals Inc (INFI) stock, but tentative about paying the going market price of $1.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $1 strike, which has a bid at the time of this writing of 10 cents..