Commit To Purchase Platform Specialty Products At $22.50, Earn 17.9% Annualized Using Options
October 16, 2014 at 11:40 AM EDT
Investors considering a purchase of Platform Specialty Products Corp (PAH) stock, but cautious about paying the going market price of $24.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2015 put at the $22.50 strike, which has a bid at the time of this writing of $1.40..