Commit To Purchase Proto Labs At $65, Earn 8.7% Annualized Using Options
March 23, 2016 at 11:40 AM EDT
Investors eyeing a purchase of Proto Labs Inc (PRLB) stock, but cautious about paying the going market price of $76.20/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 $65 strike, which has a bid at the time of this writing of $3.30..