Commit To Purchase PharMerica Corp At $20, Earn 9.5% Annualized Using Options
September 09, 2014 at 11:38 AM EDT
Investors eyeing a purchase of PharMerica Corp (PMC) stock, but tentative about paying the going market price of $24.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $20 strike, which has a bid at the time of this writing of $1.00..