Commit To Buy Vital Therapies At $7, Earn 16.4% Using Options
April 05, 2016 at 11:43 AM EDT
Investors considering a purchase of Vital Therapies Inc (VTL) shares, but cautious about paying the going market price of $9.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $7 strike, which has a bid at the time of this writing of $1.15..