Use Options For a Chance To Buy FRC at a 14% Discount

Looking back to 115 days ago, First Republic Bank (FRC) priced a 3,500,000 share secondary stock offering at $58.57 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Monday, the stock is now 6.1% higher than the offering price..