Commit To Purchase NewLink Genetics Corp At $8, Earn 27% Annualized Using Options
September 21, 2017 at 13:11 PM EDT
Investors eyeing a purchase of NewLink Genetics Corp (NLNK) shares, but tentative about paying the going market price of $11.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2018 put at the $8 strike, which has a bid at the time of this writing of $1.25..