Commit To Buy Vital Therapies At $3, Earn 28.8% Annualized Using Options
October 01, 2015 at 11:44 AM EDT
Investors considering a purchase of Vital Therapies Inc (VTL) stock, but cautious about paying the going market price of $4.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $3 strike, which has a bid at the time of this writing of 40 cents..