Commit To Purchase Neurogene At $25, Earn 16% Using Options
September 20, 2024 at 11:34 AM EDT
Investors eyeing a purchase of Neurogene Inc (NGNE) shares, but cautious about paying the going market price of $40.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2027 put at the $25 strike, which has a bid at the time of this writing of $4.00..