Commit To Buy PCM At $10, Earn 11.1% Annualized Using Options
October 17, 2017 at 11:33 AM EDT
Investors considering a purchase of PCM, Inc (PCMI) stock, but tentative about paying the going market price of $13.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2018 put at the $10 strike, which has a bid at the time of this writing of 65 cents..