Commit To Purchase NewLink Genetics Corp At $8, Earn 20% Using Options
May 26, 2016 at 11:50 AM EDT
Investors eyeing a purchase of NewLink Genetics Corp (NLNK) stock, but tentative about paying the going market price of $11.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $8 strike, which has a bid at the time of this writing of $1.60..