Commit To Buy Editas Medicine At $15, Earn 27.9% Annualized Using Options
July 31, 2017 at 11:44 AM EDT
Investors eyeing a purchase of Editas Medicine Inc (EDIT) shares, but cautious about paying the going market price of $17.48/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 $15 strike, which has a bid at the time of this writing of $1.25..