Commit To Purchase Alder Biopharmaceuticals At $7.50, Earn 11.9% Annualized Using Options
November 08, 2017 at 11:44 AM EST
Investors eyeing a purchase of Alder Biopharmaceuticals Inc (ALDR) stock, but tentative about paying the going market price of $11.93/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 $7.50 strike, which has a bid at the time of this writing of 40 cents..