Marc Liu Blog | JNCE buy - write candidate? High potential lower risk ----- 15% 3 month yield if stock goes nowhere. | Talkmarkets
President, Capitol Isle Partners

Marc Liu is currently the CEO of Capitol Isle Partners LLC a media consulting business focusing on corporate restructuring and new business development. He is a partner in Information Central, a newsletter content provider and web marketing company. He also serves as a Senior Advisor to Goldmark ... more

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

Date: Wednesday, March 21, 2018 11:17 AM EDT

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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