Commit To Purchase Inovio Pharmaceuticals At $7, Earn 34% Annualized Using Options
August 09, 2024 at 11:29 AM EDT
Investors considering a purchase of Inovio Pharmaceuticals Inc (INO) shares, but tentative about paying the going market price of $8.10/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 $7 strike, which has a bid at the time of this writing of $1.05..
