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Commit To Purchase Soleno Therapeutics At $35, Earn 18.4% Annualized Using Options

Investors eyeing a purchase of Soleno Therapeutics Inc (SLNO) stock, but tentative about paying the going market price of $45.71/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2025 put at the $35 strike, which has a bid at the time of this writing of $4.00..
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