Commit To Purchase Sangamo Therapeutics At $0.50, Earn 59.8% Annualized Using Options
May 16, 2024 at 11:35 AM EDT
Investors considering a purchase of Sangamo Therapeutics Inc (SGMO) stock, but tentative about paying the going market price of $0.6008/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $0.50 strike, which has a bid at the time of this writing of 15 cents..