Commit To Purchase Collegium Pharmaceutical At $17.50, Earn 6.7% Annualized Using Options
April 12, 2024 at 11:32 AM EDT
Investors eyeing a purchase of Collegium Pharmaceutical Inc (COLL) stock, but cautious about paying the going market price of $35.97/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 $17.50 strike, which has a bid at the time of this writing of 90 cents..