Commit To Buy Cambrex Corp At $30, Earn 11% Annualized Using Options
March 25, 2015 at 11:33 AM EDT
Investors considering a purchase of Cambrex Corp (CBM) shares, but cautious about paying the going market price of $34.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $30 strike, which has a bid at the time of this writing of $1.85..