Commit To Buy Trevena At $10, Earn 33.8% Annualized Using Options
December 01, 2015 at 11:54 AM EST
Investors considering a purchase of Trevena Inc (TRVN) stock, but tentative about paying the going market price of $11.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $10 strike, which has a bid at the time of this writing of $1.00..