Commit To Buy Nuvation Bio At $2.50, Earn 19.8% Annualized Using Options

Investors eyeing a purchase of Nuvation Bio Inc (NUVB) stock, but tentative about paying the going market price of $2.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2025 put at the $2.50 strike, which has a bid at the time of this writing of 30 cents..