Commit To Buy Pfenex At $2.50, Earn 10.3% Annualized Using Options
January 30, 2019 at 11:54 AM EST
Investors eyeing a purchase of Pfenex Inc (PFNX) stock, but tentative about paying the going market price of $3.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $2.50 strike, which has a bid at the time of this writing of 10 cents..