Commit To Buy Sage Therapeutics At $7.50, Earn 24.6% Annualized Using Options
August 02, 2024 at 11:35 AM EDT
Investors considering a purchase of Sage Therapeutics Inc (SAGE) stock, but tentative about paying the going market price of $9.56/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 $7.50 strike, which has a bid at the time of this writing of 85 cents..