Commit To Purchase Heron Therapeutics At $7.50, Earn 11.3% Using Options
April 27, 2017 at 12:02 PM EDT
Investors considering a purchase of Heron Therapeutics Inc (HRTX) shares, but tentative about paying the going market price of $14.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $7.50 strike, which has a bid at the time of this writing of 85 cents..