Commit To Buy Acco Brands Corp At $7.50, Earn 5.8% Annualized Using Options
May 20, 2016 at 11:53 AM EDT
Investors considering a purchase of Acco Brands Corp (ACCO) shares, but cautious about paying the going market price of $9.68/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 $7.50 strike, which has a bid at the time of this writing of 25 cents..