Commit To Buy Rockwell Medical At $5, Earn 19.9% Annualized Using Options
December 23, 2016 at 11:48 AM EST
Investors considering a purchase of Rockwell Medical, Inc (RMTI) stock, but cautious about paying the going market price of $6.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August 2017 put at the $5 strike, which has a bid at the time of this writing of 65 cents..