Commit To Buy Travere Therapeutics At $5, Earn 21% Using Options
May 08, 2024 at 11:45 AM EDT
Investors eyeing a purchase of Travere Therapeutics Inc (TVTX) shares, but tentative about paying the going market price of $6.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2025 put at the $5 strike, which has a bid at the time of this writing of $1.05..