Commit To Buy Aratana Therapeutics At $5, Earn 12.5% Annualized Using Options
October 26, 2017 at 11:29 AM EDT
Investors eyeing a purchase of Aratana Therapeutics, Inc (PETX) shares, but tentative about paying the going market price of $5.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2018 put at the $5 strike, which has a bid at the time of this writing of 35 cents..