Commit To Purchase Lightwave Logic At $3, Earn 20.4% Annualized Using Options
July 26, 2024 at 11:35 AM EDT
Investors considering a purchase of Lightwave Logic Inc (LWLG) shares, but tentative about paying the going market price of $3.66/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 $3 strike, which has a bid at the time of this writing of 40 cents..