Commit To Purchase Vir Biotechnology At $7.50, Earn 8.9% Annualized Using Options
March 14, 2024 at 11:48 AM EDT
Investors considering a purchase of Vir Biotechnology Inc (VIR) shares, but cautious about paying the going market price of $10.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..