Commit To Buy CryoPort At $10, Earn 11% Annualized Using Options
April 16, 2024 at 13:05 PM EDT
Investors considering a purchase of CryoPort Inc (CYRX) shares, but cautious about paying the going market price of $17.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $10 strike, which has a bid at the time of this writing of 75 cents..