Commit To Purchase Pentair At $50, Earn 5% Annualized Using Options
February 22, 2017 at 11:55 AM EST
Investors eyeing a purchase of Pentair PLC (PNR) shares, but tentative about paying the going market price of $58.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $50 strike, which has a bid at the time of this writing of $1.20..