Commit To Buy GlycoMimetics At $10, Earn 20.8% Annualized Using Options
April 15, 2019 at 11:43 AM EDT
Investors considering a purchase of GlycoMimetics Inc (GLYC) shares, but cautious about paying the going market price of $11.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $10 strike, which has a bid at the time of this writing of 90 cents..