Commit To Buy Spero Therapeutics At $7.50, Earn 14.1% Annualized Using Options
November 20, 2018 at 11:32 AM EST
Investors considering a purchase of Spero Therapeutics Inc (SPRO) stock, but cautious about paying the going market price of $7.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2019 put at the $7.50 strike, which has a bid at the time of this writing of 70 cents..