Commit To Purchase Molecular Templates At $5, Earn 12.5% Annualized Using Options
September 24, 2021 at 11:33 AM EDT
Investors eyeing a purchase of Molecular Templates Inc (MTEM) shares, but cautious about paying the going market price of $7.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2022 put at the $5 strike, which has a bid at the time of this writing of 30 cents..