Commit To Buy Cara Therapeutics At $7.50, Earn 12.7% Using Options
January 10, 2018 at 11:55 AM EST
Investors eyeing a purchase of Cara Therapeutics Inc (CARA) shares, but cautious about paying the going market price of $12.46/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 95 cents..