Commit To Buy Genocea Biosciences At $5, Earn 17.8% Annualized Using Options
July 26, 2017 at 11:34 AM EDT
Investors eyeing a purchase of Genocea Biosciences Inc (GNCA) stock, but tentative about paying the going market price of $5.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2018 put at the $5 strike, which has a bid at the time of this writing of 50 cents..