Commit To Purchase Concert Pharmaceuticals At $5, Earn 18.2% Annualized Using Options
September 30, 2019 at 11:56 AM EDT
Investors eyeing a purchase of Concert Pharmaceuticals Inc (CNCE) shares, but cautious about paying the going market price of $6.13/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2020 put at the $5 strike, which has a bid at the time of this writing of 50 cents..