Commit To Purchase Vital Therapies At $5, Earn 26% Using Options
October 04, 2016 at 11:36 AM EDT
Investors eyeing a purchase of Vital Therapies Inc (VTL) shares, but tentative about paying the going market price of $6.19/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 $5 strike, which has a bid at the time of this writing of $1.30..