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Commit To Buy Entrada Therapeutics At $12.50, Earn 55.6% Annualized Using Options

Investors eyeing a purchase of Entrada Therapeutics Inc (TRDA) stock, but tentative about paying the going market price of $17.13/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $12.50 strike, which has a bid at the time of this writing of $2.80..
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