Commit To Buy Idera Pharmaceuticals At $2, Earn 17.3% Annualized Using Options
March 11, 2019 at 11:48 AM EDT
Investors considering a purchase of Idera Pharmaceuticals Inc (IDRA) shares, but tentative about paying the going market price of $2.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $2 strike, which has a bid at the time of this writing of 15 cents..
