Commit To Purchase Editas Medicine At $25, Earn 16.4% Using Options
March 14, 2018 at 11:50 AM EDT
Investors eyeing a purchase of Editas Medicine Inc (EDIT) stock, but cautious about paying the going market price of $40.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $25 strike, which has a bid at the time of this writing of $4.10..