Commit To Buy Zentalis Pharmaceuticals At $5, Earn 6.5% Annualized Using Options
April 12, 2024 at 11:33 AM EDT
Investors considering a purchase of Zentalis Pharmaceuticals Inc (ZNTL) shares, but tentative about paying the going market price of $13.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $5 strike, which has a bid at the time of this writing of 25 cents..