Commit To Buy XOMA Corp At $1, Earn 43.5% Annualized Using Options
October 02, 2015 at 11:40 AM EDT
Investors considering a purchase of XOMA Corp (XOMA) shares, but cautious about paying the going market price of $1.07/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 $1 strike, which has a bid at the time of this writing of 20 cents..