Commit To Buy Ophthotech Corp At $25, Earn 116.8% Annualized Using Options
October 17, 2016 at 11:41 AM EDT
Investors considering a purchase of Ophthotech Corp (OPHT) shares, but cautious about paying the going market price of $38.20/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 $25 strike, which has a bid at the time of this writing of $7.60..