Commit To Purchase Prothena Corp At $15, Earn 21.3% Using Options
April 24, 2024 at 11:29 AM EDT
Investors considering a purchase of Prothena Corp plc (PRTA) stock, but cautious about paying the going market price of $20.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $15 strike, which has a bid at the time of this writing of $3.20..