Commit To Purchase Design Therapeutics At $2.50, Earn 26.4% Annualized Using Options
March 11, 2024 at 15:16 PM EDT
Investors considering a purchase of Design Therapeutics Inc (DSGN) shares, but cautious about paying the going market price of $2.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $2.50 strike, which has a bid at the time of this writing of 40 cents..