Commit To Purchase Dynavax Technologies Corp At $12, Earn 35.7% Annualized Using Options
June 21, 2016 at 11:45 AM EDT
Investors considering a purchase of Dynavax Technologies Corp (DVAX) stock, but cautious about paying the going market price of $14.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $12 strike, which has a bid at the time of this writing of $2.50..