Commit To Purchase Pacific Biosciences of California At $5, Earn 25.8% Annualized Using Options
July 03, 2014 at 12:03 PM EDT
Investors considering a purchase of Pacific Biosciences of California Inc (PACB) stock, but tentative about paying the going market price of $6.26/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $5 strike, which has a bid at the time of this writing of 60 cents..