Commit To Buy C4 Therapeutics At $5, Earn 33.8% Annualized Using Options
August 08, 2024 at 11:40 AM EDT
Investors eyeing a purchase of C4 Therapeutics Inc (CCCC) shares, but tentative about paying the going market price of $5.89/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 75 cents..