Commit To Purchase Edgewise Therapeutics At $12.50, Earn 19.2% Annualized Using Options

Investors considering a purchase of Edgewise Therapeutics Inc (EWTX) stock, but tentative about paying the going market price of $16.40/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 $12.50 strike, which has a bid at the time of this writing of $1.40..