Commit To Buy Kite Pharma At $35, Earn 25.4% Using Options
January 14, 2016 at 14:18 PM EST
Investors eyeing a purchase of Kite Pharma Inc (KITE) shares, but cautious about paying the going market price of $51.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $35 strike, which has a bid at the time of this writing of $8.90..