Commit To Purchase Platform Specialty Products Corp At $7.50, Earn 14.4% Annualized Using Options
December 01, 2016 at 11:52 AM EST
Investors considering a purchase of Platform Specialty Products Corp (PAH) stock, but cautious about paying the going market price of $9.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $7.50 strike, which has a bid at the time of this writing of 50 cents..