Commit To Buy Aldeyra Therapeutics At $5, Earn 42% Annualized Using Options
October 07, 2019 at 14:27 PM EDT
Investors considering a purchase of Aldeyra Therapeutics Inc (ALDX) stock, but tentative about paying the going market price of $5.45/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 $5 strike, which has a bid at the time of this writing of 95 cents..