Commit To Buy GlycoMimetics At $10, Earn 13.4% Annualized Using Options
June 08, 2017 at 11:38 AM EDT
Investors considering a purchase of GlycoMimetics Inc (GLYC) shares, but tentative about paying the going market price of $11.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $10 strike, which has a bid at the time of this writing of 70 cents..