Commit To Buy Avid Bioservices At $5, Earn 38.1% Annualized Using Options
November 06, 2019 at 11:50 AM EST
Investors considering a purchase of Avid Bioservices Inc (CDMO) stock, but tentative about paying the going market price of $5.24/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 $5 strike, which has a bid at the time of this writing of 85 cents..
