Commit To Purchase Mersana Therapeutics At $3, Earn 25.5% Annualized Using Options
March 13, 2024 at 14:10 PM EDT
Investors considering a purchase of Mersana Therapeutics Inc (MRSN) shares, but tentative about paying the going market price of $5.83/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 $3 strike, which has a bid at the time of this writing of 65 cents..