Commit To Purchase Paylocity Holding Corp At $40, Earn 17.4% Annualized Using Options
February 15, 2018 at 11:48 AM EST
Investors eyeing a purchase of Paylocity Holding Corp (PCTY) shares, but tentative about paying the going market price of $44.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $40 strike, which has a bid at the time of this writing of $1.75..