Commit To Buy Ophthotech Corp At $2.50, Earn 15.1% Annualized Using Options
February 14, 2017 at 11:57 AM EST
Investors considering a purchase of Ophthotech Corp (OPHT) shares, but cautious about paying the going market price of $4.46/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 $2.50 strike, which has a bid at the time of this writing of 35 cents..