Commit To Purchase Adverum Biotechnologies At $5, Earn 21.5% Annualized Using Options
May 01, 2019 at 11:48 AM EDT
Investors considering a purchase of Adverum Biotechnologies Inc (ADVM) shares, but cautious about paying the going market price of $6.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $5 strike, which has a bid at the time of this writing of 15 cents..