Commit To Purchase Intercept Pharmaceuticals At $95, Earn 10.7% Annualized Using Options
July 06, 2017 at 11:38 AM EDT
Investors eyeing a purchase of Intercept Pharmaceuticals Inc (ICPT) stock, but tentative about paying the going market price of $122.97/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 $95 strike, which has a bid at the time of this writing of $5.50..