Commit To Purchase Global Blood Therapeutics At $40, Earn 11% Using Options
July 15, 2019 at 11:54 AM EDT
Investors considering a purchase of Global Blood Therapeutics Inc (GBT) shares, but tentative about paying the going market price of $57.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $40 strike, which has a bid at the time of this writing of $4.40..
