Commit To Buy Aerie Pharmaceuticals At $30, Earn 20.2% Annualized Using Options
September 26, 2016 at 11:38 AM EDT
Investors eyeing a purchase of Aerie Pharmaceuticals Inc (AERI) stock, but tentative about paying the going market price of $38.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $30 strike, which has a bid at the time of this writing of $3.90..