Commit To Purchase Vital Therapies At $12.50, Earn 155.2% Annualized Using Options
July 01, 2015 at 12:00 PM EDT
Investors eyeing a purchase of Vital Therapies Inc (VTL) stock, but tentative about paying the going market price of $21.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $12.50 strike, which has a bid at the time of this writing of $4.20..