Commit To Buy Prime Medicine At $2.50, Earn 19.4% Annualized Using Options
October 11, 2024 at 11:41 AM EDT
Investors considering a purchase of Prime Medicine Inc (PRME) stock, but cautious about paying the going market price of $3.62/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2025 put at the $2.50 strike, which has a bid at the time of this writing of 25 cents..