Commit To Purchase Janux Therapeutics At $25, Earn 17.6% Annualized Using Options
August 06, 2024 at 11:33 AM EDT
Investors considering a purchase of Janux Therapeutics Inc (JANX) stock, but tentative about paying the going market price of $38.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2025 put at the $25 strike, which has a bid at the time of this writing of $2.40..