Commit To Buy Sientra At $7.50, Earn 25.4% Annualized Using Options
November 20, 2019 at 11:23 AM EST
Investors considering a purchase of Sientra Inc (SIEN) shares, but tentative about paying the going market price of $7.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2020 put at the $7.50 strike, which has a bid at the time of this writing of $1.25..