Commit To Buy Infinity Pharmaceuticals At $5, Earn 22.4% Annualized Using Options
February 03, 2016 at 11:51 AM EST
Investors eyeing a purchase of Infinity Pharmaceuticals Inc (INFI) stock, but cautious about paying the going market price of $5.80/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 $5 strike, which has a bid at the time of this writing of 50 cents..