Commit To Purchase Kindred Biosciences At $10, Earn 20.3% Annualized Using Options
March 06, 2019 at 11:56 AM EST
Investors eyeing a purchase of Kindred Biosciences Inc (KIN) shares, but cautious about paying the going market price of $10.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $10 strike, which has a bid at the time of this writing of 75 cents..