Commit To Buy Cambrex Corp At $15, Earn 11.3% Annualized Using Options
October 16, 2014 at 11:37 AM EDT
Investors eyeing a purchase of Cambrex Corp (CBM) shares, but tentative about paying the going market price of $17.60/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $15 strike, which has a bid at the time of this writing of 85 cents..