Commit To Buy Endocyte At $2, Earn 30.1% Annualized Using Options
April 21, 2017 at 11:43 AM EDT
Investors considering a purchase of Endocyte Inc (ECYT) shares, but tentative about paying the going market price of $2.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $2 strike, which has a bid at the time of this writing of 15 cents..