Commit To Buy Celcuity At $15, Earn 23.9% Annualized Using Options
July 25, 2024 at 11:35 AM EDT
Investors eyeing a purchase of Celcuity Inc (CELC) stock, but tentative about paying the going market price of $19.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2025 put at the $15 strike, which has a bid at the time of this writing of $2.35..