Commit To Buy Veracyte At $12.50, Earn 16% Annualized Using Options
March 22, 2024 at 11:35 AM EDT
Investors eyeing a purchase of Veracyte Inc (VCYT) shares, but cautious about paying the going market price of $21.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $12.50 strike, which has a bid at the time of this writing of 50 cents..