Commit To Purchase Rockwell Medical At $5, Earn 22.7% Annualized Using Options
September 20, 2016 at 11:39 AM EDT
Investors considering a purchase of Rockwell Medical, Inc (RMTI) shares, but tentative about paying the going market price of $6.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $5 strike, which has a bid at the time of this writing of 75 cents..