Commit To Purchase Pliant Therapeutics At $10, Earn 16% Using Options
May 16, 2024 at 11:36 AM EDT
Investors eyeing a purchase of Pliant Therapeutics Inc (PLRX) stock, but tentative about paying the going market price of $15.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2025 put at the $10 strike, which has a bid at the time of this writing of $1.60..