Commit To Purchase Emergent BioSolutions At $2, Earn 37.8% Annualized Using Options
April 04, 2024 at 11:33 AM EDT
Investors eyeing a purchase of Emergent BioSolutions Inc (EBS) shares, but tentative about paying the going market price of $2.33/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 $2 strike, which has a bid at the time of this writing of 35 cents..