Commit To Buy Dermira At $20, Earn 24.1% Annualized Using Options
May 03, 2016 at 11:45 AM EDT
Investors eyeing a purchase of Dermira Inc (DERM) shares, but cautious about paying the going market price of $25.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $20 strike, which has a bid at the time of this writing of $3.00..