Commit To Purchase Spectrum Pharmaceuticals At $10, Earn 25.6% Annualized Using Options
February 12, 2019 at 11:58 AM EST
Investors eyeing a purchase of Spectrum Pharmaceuticals Inc (SPPI) stock, but tentative about paying the going market price of $11.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $10 strike, which has a bid at the time of this writing of $1.30..