Commit To Buy IGM Biosciences At $5, Earn 21.6% Annualized Using Options
April 04, 2024 at 11:34 AM EDT
Investors considering a purchase of IGM Biosciences Inc (IGMS) stock, but tentative about paying the going market price of $9.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $5 strike, which has a bid at the time of this writing of 50 cents..