Commit To Purchase Celcuity At $12.50, Earn 9.7% Annualized Using Options
April 22, 2024 at 12:37 PM EDT
Investors considering a purchase of Celcuity Inc (CELC) shares, but tentative about paying the going market price of $17.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $12.50 strike, which has a bid at the time of this writing of 80 cents..