Commit To Purchase Mylan At $32.50, Earn 5.2% Annualized Using Options
March 15, 2018 at 12:04 PM EDT
Investors eyeing a purchase of Mylan NV (MYL) stock, but cautious about paying the going market price of $42.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $32.50 strike, which has a bid at the time of this writing of $1.44..