Commit To Purchase Seres Therapeutics At $2.50, Earn 10.6% Annualized Using Options
September 23, 2019 at 11:57 AM EDT
Investors considering a purchase of Seres Therapeutics Inc (MCRB) shares, but tentative about paying the going market price of $3.99/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2020 put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..