Commit To Purchase Prothena Corp At $7, Earn 18.6% Annualized Using Options
September 06, 2019 at 11:21 AM EDT
Investors considering a purchase of Prothena Corp plc (PRTA) stock, but cautious about paying the going market price of $8.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2020 put at the $7 strike, which has a bid at the time of this writing of 70 cents..
