Commit To Purchase Ultragenyx Pharmaceutical At $40, Earn 12.7% Annualized Using Options
March 23, 2018 at 11:56 AM EDT
Investors considering a purchase of Ultragenyx Pharmaceutical Inc (RARE) stock, but cautious about paying the going market price of $52.17/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 $40 strike, which has a bid at the time of this writing of $3.30..