Commit To Purchase Invitae Corp At $15, Earn 15% Using Options
August 20, 2021 at 11:37 AM EDT
Investors eyeing a purchase of Invitae Corp (NVTA) shares, but cautious about paying the going market price of $25.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2023 put at the $15 strike, which has a bid at the time of this writing of $2.25..