Commit To Buy 4D Molecular Therapeutics At $15, Earn 11.9% Annualized Using Options
May 08, 2024 at 11:43 AM EDT
Investors eyeing a purchase of 4D Molecular Therapeutics Inc (FDMT) shares, but cautious about paying the going market price of $26.45/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 $15 strike, which has a bid at the time of this writing of 80 cents..