Commit To Buy Impax Laboratories At $14, Earn 13.2% Annualized Using Options
January 18, 2018 at 12:03 PM EST
Investors considering a purchase of Impax Laboratories Inc (IPXL) shares, but cautious about paying the going market price of $20.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $14 strike, which has a bid at the time of this writing of 75 cents..