Commit To Buy Cambrex Corp At $40, Earn 18% Annualized Using Options
June 29, 2015 at 11:32 AM EDT
Investors considering a purchase of Cambrex Corp (CBM) stock, but tentative about paying the going market price of $43.91/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 $40 strike, which has a bid at the time of this writing of $2.15..