Commit To Buy Vital Therapies At $4, Earn 20.6% Annualized Using Options
July 05, 2016 at 11:48 AM EDT
Investors considering a purchase of Vital Therapies Inc (VTL) stock, but tentative about paying the going market price of $6.11/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 $4 strike, which has a bid at the time of this writing of 45 cents..