Commit To Buy Patterson Companies At $47, Earn 3.1% Annualized Using Options
August 18, 2015 at 11:46 AM EDT
Investors eyeing a purchase of Patterson Companies Inc (PDCO) shares, but tentative about paying the going market price of $51.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $47 strike, which has a bid at the time of this writing of 60 cents..
