Commit To Buy T2 Biosystems At $7.50, Earn 17.3% Annualized Using Options
February 04, 2016 at 11:55 AM EST
Investors eyeing a purchase of T2 Biosystems Inc (TTOO) shares, but cautious about paying the going market price of $9.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $7.50 strike, which has a bid at the time of this writing of 70 cents..