Commit To Buy NantKwest At $5, Earn 20.1% Annualized Using Options
October 21, 2016 at 11:36 AM EDT
Investors considering a purchase of NantKwest Inc (NK) shares, but cautious about paying the going market price of $6.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2017 put at the $5 strike, which has a bid at the time of this writing of 50 cents..