Commit To Purchase Party City Holdco At $12.50, Earn 12.8% Annualized Using Options
January 20, 2017 at 13:22 PM EST
Investors eyeing a purchase of Party City Holdco Inc (PRTY) shares, but cautious about paying the going market price of $15.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $12.50 strike, which has a bid at the time of this writing of 80 cents..