Commit To Purchase Tocagen At $7.50, Earn 55.8% Annualized Using Options
January 02, 2019 at 11:19 AM EST
Investors considering a purchase of Tocagen Inc (TOCA) shares, but cautious about paying the going market price of $8.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $7.50 strike, which has a bid at the time of this writing of $1.95..