Agree To Purchase Pitney Bowes At $10, Earn 4.5% Using Options
January 17, 2017 at 11:36 AM EST
Investors considering a purchase of Pitney Bowes Inc (PBI) stock, but cautious about paying the going market price of $16.33/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $10 strike, which has a bid at the time of this writing of 45 cents..