Commit To Buy Dynavax Technologies At $16, Earn 44.8% Annualized Using Options
January 04, 2016 at 11:36 AM EST
Investors considering a purchase of Dynavax Technologies Corp (DVAX) shares, but tentative about paying the going market price of $23.31/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $16 strike, which has a bid at the time of this writing of $2.00..