Commit To Purchase NovoCure At $22.50, Earn 19.2% Annualized Using Options
December 26, 2018 at 11:23 AM EST
Investors considering a purchase of NovoCure Ltd (NVCR) stock, but cautious about paying the going market price of $30.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2019 put at the $22.50 strike, which has a bid at the time of this writing of $2.10..