Commit To Purchase Wave Life Sciences At $5, Earn 34.9% Annualized Using Options
September 20, 2024 at 11:32 AM EDT
Investors considering a purchase of Wave Life Sciences Ltd (WVE) stock, but tentative about paying the going market price of $5.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2025 put at the $5 strike, which has a bid at the time of this writing of $1.00..
