Commit To Buy Heron Therapeutics At $2, Earn 22.4% Annualized Using Options
April 10, 2024 at 13:02 PM EDT
Investors eyeing a purchase of Heron Therapeutics Inc (HRTX) stock, but cautious about paying the going market price of $2.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $2 strike, which has a bid at the time of this writing of 20 cents..