Commit To Purchase Applied Therapeutics At $5, Earn 42.9% Annualized Using Options
August 05, 2024 at 11:46 AM EDT
Investors eyeing a purchase of Applied Therapeutics Inc (APLT) shares, but tentative about paying the going market price of $5.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $5 strike, which has a bid at the time of this writing of 60 cents..