Commit To Buy Cempra At $2.50, Earn 15.4% Annualized Using Options
October 13, 2017 at 11:39 AM EDT
Investors eyeing a purchase of Cempra Inc (CEMP) stock, but cautious about paying the going market price of $3.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2018 put at the $2.50 strike, which has a bid at the time of this writing of 20 cents..