Commit To Purchase Lightwave Logic At $2.50, Earn 12% Annualized Using Options
March 19, 2024 at 12:28 PM EDT
Investors eyeing a purchase of Lightwave Logic Inc (LWLG) stock, but tentative about paying the going market price of $4.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $2.50 strike, which has a bid at the time of this writing of 25 cents..