Commit To Buy Organovo Holdings At $1, Earn 32.6% Annualized Using Options
September 21, 2018 at 13:01 PM EDT
Investors eyeing a purchase of Organovo Holdings Inc (ONVO) stock, but cautious about paying the going market price of $1.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $1 strike, which has a bid at the time of this writing of 5 cents..