Commit To Purchase Primo Water Corp At $10, Earn 11.6% Annualized Using Options
September 12, 2016 at 12:01 PM EDT
Investors eyeing a purchase of Primo Water Corp (PRMW) stock, but tentative about paying the going market price of $11.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2017 put at the $10 strike, which has a bid at the time of this writing of 70 cents..