Commit To Purchase Janux Therapeutics At $25, Earn 26.5% Annualized Using Options
April 03, 2024 at 12:25 PM EDT
Investors eyeing a purchase of Janux Therapeutics Inc (JANX) shares, but tentative about paying the going market price of $35.70/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 $25 strike, which has a bid at the time of this writing of $4.10..