Commit To Purchase BioTime At $2, Earn 24.6% Annualized Using Options
October 08, 2018 at 11:53 AM EDT
Investors eyeing a purchase of BioTime Inc (BTX) stock, but cautious about paying the going market price of $2.18/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $2 strike, which has a bid at the time of this writing of 10 cents..