Commit To Purchase Disc Medicine At $17.50, Earn 8.8% Annualized Using Options
May 08, 2024 at 11:43 AM EDT
Investors eyeing a purchase of Disc Medicine Inc (IRON) shares, but tentative about paying the going market price of $29.42/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 $17.50 strike, which has a bid at the time of this writing of 95 cents..