Commit To Buy Sagent Pharmaceuticals At $22.50, Earn 10.8% Annualized Using Options
January 26, 2015 at 11:45 AM EST
Investors considering a purchase of Sagent Pharmaceuticals Inc (SGNT) shares, but tentative about paying the going market price of $26.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $22.50 strike, which has a bid at the time of this writing of $1.15..