Commit To Purchase Trevena At $5, Earn 22.1% Annualized Using Options
January 20, 2016 at 11:50 AM EST
Investors considering a purchase of Trevena Inc (TRVN) stock, but tentative about paying the going market price of $7.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $5 strike, which has a bid at the time of this writing of 45 cents..