Commit To Buy Sage Therapeutics At $12.50, Earn 18.8% Annualized Using Options
April 12, 2024 at 11:33 AM EDT
Investors considering a purchase of Sage Therapeutics Inc (SAGE) stock, but cautious about paying the going market price of $15.99/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $12.50 strike, which has a bid at the time of this writing of $1.80..