Commit To Purchase Pacific Biosciences of California At $2.50, Earn 6.7% Annualized Using Options
May 11, 2017 at 11:47 AM EDT
Investors eyeing a purchase of Pacific Biosciences of California Inc (PACB) stock, but tentative about paying the going market price of $3.91/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 $2.50 strike, which has a bid at the time of this writing of 10 cents..