Commit To Buy Hospira At $80, Earn 1% Annualized Using Options
July 30, 2015 at 11:46 AM EDT
Investors eyeing a purchase of Hospira Inc (HSP) shares, but cautious about paying the going market price of $89.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $80 strike, which has a bid at the time of this writing of 5 cents..