Commit To Buy Xeris Pharmaceuticals At $10, Earn 40.2% Annualized Using Options
July 15, 2019 at 11:44 AM EDT
Investors eyeing a purchase of Xeris Pharmaceuticals Inc (XERS) stock, but tentative about paying the going market price of $11.64/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $10 strike, which has a bid at the time of this writing of $2.05..