Commit To Buy Wave Life Sciences At $5, Earn 34.6% Annualized Using Options
April 15, 2024 at 12:06 PM EDT
Investors considering a purchase of Wave Life Sciences Ltd (WVE) shares, but cautious about paying the going market price of $5.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $5 strike, which has a bid at the time of this writing of 45 cents..