Commit To Buy Aratana Therapeutics At $5, Earn 48.2% Annualized Using Options
June 27, 2016 at 11:42 AM EDT
Investors considering a purchase of Aratana Therapeutics, Inc (PETX) stock, but tentative about paying the going market price of $5.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $5 strike, which has a bid at the time of this writing of 35 cents..