Commit To Buy Caribou Biosciences At $2.50, Earn 7% Annualized Using Options
March 22, 2024 at 11:35 AM EDT
Investors eyeing a purchase of Caribou Biosciences Inc (CRBU) shares, but tentative about paying the going market price of $5.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $2.50 strike, which has a bid at the time of this writing of 10 cents..