Commit To Buy Intercept Pharmaceuticals At $80, Earn 9% Annualized Using Options
April 06, 2017 at 12:29 PM EDT
Investors considering a purchase of Intercept Pharmaceuticals Inc (ICPT) shares, but tentative about paying the going market price of $108.44/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 $80 strike, which has a bid at the time of this writing of $5.70..