Commit To Buy Endocyte At $2, Earn 20.1% Annualized Using Options
January 20, 2017 at 13:22 PM EST
Investors eyeing a purchase of Endocyte Inc (ECYT) stock, but cautious about paying the going market price of $2.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $2 strike, which has a bid at the time of this writing of 20 cents..