Commit To Buy Endocyte At $4, Earn 17.2% Annualized Using Options
October 01, 2015 at 11:47 AM EDT
Investors eyeing a purchase of Endocyte Inc (ECYT) shares, but tentative about paying the going market price of $4.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $4 strike, which has a bid at the time of this writing of 20 cents..