Commit To Purchase St Jude Medical At $65, Earn 1.8% Annualized Using Options
July 28, 2016 at 11:46 AM EDT
Investors eyeing a purchase of St Jude Medical Inc (STJ) stock, but tentative about paying the going market price of $82.59/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 $65 strike, which has a bid at the time of this writing of 55 cents..