Commit To Buy Adverum Biotechnologies At $5, Earn 47.1% Annualized Using Options
September 19, 2018 at 11:51 AM EDT
Investors considering a purchase of Adverum Biotechnologies Inc (ADVM) stock, but cautious about paying the going market price of $5.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $5 strike, which has a bid at the time of this writing of 60 cents..