Commit To Purchase Jazz Pharmaceuticals At $105, Earn 11.2% Annualized Using Options
April 07, 2014 at 11:43 AM EDT
Investors eyeing a purchase of Jazz Pharmaceuticals plc (JAZZ) shares, but tentative about paying the going market price of $127.48/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $105 strike, which has a bid at the time of this writing of $9.20..