Commit To Purchase PLY Gem Holdings At $10, Earn 8.4% Annualized Using Options
March 26, 2015 at 11:36 AM EDT
Investors considering a purchase of PLY Gem Holdings Inc (PGEM) stock, but cautious about paying the going market price of $12.18/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $10 strike, which has a bid at the time of this writing of 55 cents..