Commit To Buy Prime Medicine At $2.50, Earn 12% Annualized Using Options
April 19, 2024 at 11:33 AM EDT
Investors eyeing a purchase of Prime Medicine Inc (PRME) shares, but cautious about paying the going market price of $4.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..