Commit To Buy Insys Therapeutics At $9, Earn 22.4% Annualized Using Options
November 28, 2016 at 11:42 AM EST
Investors eyeing a purchase of Insys Therapeutics Inc (INSY) stock, but tentative about paying the going market price of $12.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $9 strike, which has a bid at the time of this writing of 95 cents..