Commit To Buy PGT At $12.50, Earn 9.9% Annualized Using Options
June 29, 2015 at 11:34 AM EDT
Investors eyeing a purchase of PGT Inc (PGTI) shares, but tentative about paying the going market price of $14.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2016 put at the $12.50 strike, which has a bid at the time of this writing of 80 cents..