Commit To Purchase Jazz Pharmaceuticals At $110, Earn 6.6% Using Options
February 10, 2015 at 11:36 AM EST
Investors eyeing a purchase of Jazz Pharmaceuticals plc (JAZZ) shares, but tentative about paying the going market price of $166.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $110 strike, which has a bid at the time of this writing of $7.30..