Commit To Buy Genomic Health At $25, Earn 9.4% Annualized Using Options
February 23, 2018 at 11:59 AM EST
Investors eyeing a purchase of Genomic Health Inc (GHDX) shares, but cautious about paying the going market price of $31.97/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 $25 strike, which has a bid at the time of this writing of $1.35..