Commit To Buy Applied Genetic Technologies Corp At $12.50, Earn 28.2% Annualized Using Options
August 26, 2016 at 11:51 AM EDT
Investors eyeing a purchase of Applied Genetic Technologies Corp (AGTC) shares, but cautious about paying the going market price of $13.48/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2017 put at the $12.50 strike, which has a bid at the time of this writing of $2.30..