Commit To Purchase Infinity Pharmaceuticals At $10, Earn 13.5% Annualized Using Options
March 25, 2014 at 12:18 PM EDT
Investors eyeing a purchase of Infinity Pharmaceuticals Inc (INFI) stock, but cautious about paying the going market price of $12.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $10 strike, which has a bid at the time of this writing of $1.10..