Commit To Purchase NeoGenomics At $10, Earn 9.1% Annualized Using Options
March 19, 2024 at 11:57 AM EDT
Investors eyeing a purchase of NeoGenomics Inc (NEO) stock, but cautious about paying the going market price of $14.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $10 strike, which has a bid at the time of this writing of 60 cents..