Commit To Buy ViewRay At $4, Earn 42.8% Annualized Using Options
August 20, 2019 at 11:41 AM EDT
Investors eyeing a purchase of ViewRay Inc (VRAY) stock, but tentative about paying the going market price of $4.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2020 put at the $4 strike, which has a bid at the time of this writing of $1.00..