Commit To Purchase Rigel Pharmaceuticals At $2.50, Earn 20% Using Options
October 12, 2017 at 11:52 AM EDT
Investors considering a purchase of Rigel Pharmaceuticals Inc (RIGL) shares, but tentative about paying the going market price of $3.87/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $2.50 strike, which has a bid at the time of this writing of 50 cents..