Commit To Buy ProKidney Corp At $2.50, Earn 50.1% Annualized Using Options
April 26, 2024 at 12:44 PM EDT
Investors considering a purchase of ProKidney Corp (PROK) shares, but cautious about paying the going market price of $2.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $2.50 strike, which has a bid at the time of this writing of 60 cents..