Agree To Purchase Laboratory Corporation of America Holdings At $165, Earn 7.4% Annualized Using Options
September 18, 2018 at 11:48 AM EDT
Investors eyeing a purchase of Laboratory Corporation of America Holdings (LH) stock, but tentative about paying the going market price of $171.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $165 strike, which has a bid at the time of this writing of $5.00..