Commit To Purchase OPKO Health At $1, Earn 15.3% Annualized Using Options

Investors eyeing a purchase of OPKO Health Inc (OPK) stock, but tentative about paying the going market price of $1.40/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 $1 strike, which has a bid at the time of this writing of 10 cents..