Commit To Purchase Jazz Pharmaceuticals At $130, Earn 5.8% Using Options
November 11, 2014 at 11:39 AM EST
Investors eyeing a purchase of Jazz Pharmaceuticals plc (JAZZ) stock, but cautious about paying the going market price of $174.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $130 strike, which has a bid at the time of this writing of $7.50..