Commit To Purchase Altimmune At $5, Earn 23% Using Options

Investors considering a purchase of Altimmune Inc (ALT) stock, but tentative about paying the going market price of $8.48/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 $5 strike, which has a bid at the time of this writing of $1.15..