Commit To Purchase Incyte Corporation At $40, Earn 10.5% Using Options
September 09, 2014 at 11:33 AM EDT
Investors considering a purchase of Incyte Corporation (INCY) shares, but cautious about paying the going market price of $52.18/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 $40 strike, which has a bid at the time of this writing of $4.20..