Commit To Buy Edgewise Therapeutics At $12.50, Earn 22.1% Annualized Using Options
April 24, 2024 at 12:01 PM EDT
Investors eyeing a purchase of Edgewise Therapeutics Inc (EWTX) shares, but cautious about paying the going market price of $15.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $12.50 strike, which has a bid at the time of this writing of $1.55..