Commit To Buy Pacific Ethanol At $3, Earn 11.3% Annualized Using Options
February 08, 2018 at 14:01 PM EST
Investors considering a purchase of Pacific Ethanol Inc (PEIX) shares, but cautious about paying the going market price of $3.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $3 strike, which has a bid at the time of this writing of 15 cents..