Commit To Buy CytomX Therapeutics At $17.50, Earn 15.4% Annualized Using Options
October 13, 2017 at 11:39 AM EDT
Investors eyeing a purchase of CytomX Therapeutics Inc (CTMX) shares, but tentative about paying the going market price of $21.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2018 put at the $17.50 strike, which has a bid at the time of this writing of $1.60..
