Commit To Buy Viking Therapeutics At $30, Earn 22.7% Using Options
July 19, 2024 at 12:08 PM EDT
Investors considering a purchase of Viking Therapeutics Inc (VKTX) stock, but cautious about paying the going market price of $50.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $30 strike, which has a bid at the time of this writing of $6.80..