Commit To Purchase Cempra At $10, Earn 48.4% Annualized Using Options
September 26, 2014 at 11:33 AM EDT
Investors considering a purchase of Cempra Inc (CEMP) stock, but tentative about paying the going market price of $11.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $10 strike, which has a bid at the time of this writing of $1.50..