Commit To Buy Omnicell At $30, Earn 11.6% Annualized Using Options
October 08, 2015 at 11:46 AM EDT
Investors eyeing a purchase of Omnicell Inc (OMCL) stock, but tentative about paying the going market price of $31.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2016 put at the $30 strike, which has a bid at the time of this writing of $2.15..