Commit To Buy Quotient At $7.50, Earn 27.7% Annualized Using Options
June 21, 2018 at 12:02 PM EDT
Investors eyeing a purchase of Quotient Ltd (QTNT) stock, but tentative about paying the going market price of $8.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $7.50 strike, which has a bid at the time of this writing of $1.20..