Commit To Purchase Loxo Oncology At $95, Earn 16.3% Annualized Using Options
January 23, 2018 at 11:42 AM EST
Investors eyeing a purchase of Loxo Oncology, Inc (LOXO) shares, but cautious about paying the going market price of $104.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $95 strike, which has a bid at the time of this writing of $10.20..