Commit To Buy Editas Medicine At $1, Earn 20.7% Annualized Using Options
January 28, 2025 at 11:45 AM EST
Investors considering a purchase of Editas Medicine Inc (EDIT) shares, but tentative about paying the going market price of $1.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $1 strike, which has a bid at the time of this writing of 20 cents..