Commit To Purchase Alder Biopharmaceuticals At $10, Earn 11% Annualized Using Options
November 20, 2018 at 11:35 AM EST
Investors considering a purchase of Alder Biopharmaceuticals Inc (ALDR) shares, but tentative about paying the going market price of $12.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2019 put at the $10 strike, which has a bid at the time of this writing of 45 cents..