Commit To Buy Vital Therapies At $20, Earn 32.2% Annualized Using Options
April 01, 2015 at 11:28 AM EDT
Investors considering a purchase of Vital Therapies Inc (VTL) shares, but cautious about paying the going market price of $24.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $20 strike, which has a bid at the time of this writing of $3.00..