Agree To Buy Laboratory Corporation of America Holdings At $125, Earn 4.8% Annualized Using Options
July 26, 2016 at 11:40 AM EDT
Investors considering a purchase of Laboratory Corporation of America Holdings (LH) stock, but tentative about paying the going market price of $136.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $125 strike, which has a bid at the time of this writing of $3.40..