Commit To Purchase PBF Energy At $25, Earn 10.4% Annualized Using Options
February 08, 2018 at 14:04 PM EST
Investors eyeing a purchase of PBF Energy Inc (PBF) shares, but cautious about paying the going market price of $29.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $25 strike, which has a bid at the time of this writing of $1.60..