JNCE buy - write candidate? High potential lower risk ----- 15% 3 month yield if stock goes nowhere.

The call options have substantial premiums leaving yield opportunities for those who like the common but want to take less risk.

For those who are looking for a slightly lower risk play, you might consider:
Buying JNCE at $26
Selling JNCE 6/15/18 $30 calls for $4 or better
If JNCE stays at $25 ,the yield is 15% or 60% annualized
If the stock is called, the yield is 30% or 120% annualized.
You are protected down to $22.

Some background info:

https://finance.yahoo.com/news/jounce-therapeutics-track-report-key-123100113.html

 

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