Commit To Purchase Larimar Therapeutics At $5, Earn 22.7% Annualized Using Options
August 09, 2024 at 11:27 AM EDT
Investors considering a purchase of Larimar Therapeutics Inc (LRMR) stock, but cautious about paying the going market price of $7.48/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 $5 strike, which has a bid at the time of this writing of 50 cents..