Commit To Buy Athersys At $2, Earn 40.7% Annualized Using Options
July 01, 2016 at 12:37 PM EDT
Investors eyeing a purchase of Athersys Inc (ATHX) shares, but cautious about paying the going market price of $2.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $2 strike, which has a bid at the time of this writing of 25 cents..