Commit To Purchase Disc Medicine At $35, Earn 16.8% Annualized Using Options
August 09, 2024 at 11:29 AM EDT
Investors considering a purchase of Disc Medicine Inc (IRON) shares, but tentative about paying the going market price of $43.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2025 put at the $35 strike, which has a bid at the time of this writing of $3.60..