Commit To Buy XOMA Corp At $0.50, Earn 13% Annualized Using Options
April 15, 2016 at 11:31 AM EDT
Investors eyeing a purchase of XOMA Corp (XOMA) stock, but cautious about paying the going market price of $0.8295/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $0.50 strike, which has a bid at the time of this writing of 5 cents..