Commit To Buy Omnicell At $55, Earn 7.5% Annualized Using Options
January 15, 2019 at 12:02 PM EST
Investors eyeing a purchase of Omnicell Inc (OMCL) shares, but cautious about paying the going market price of $65.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $55 strike, which has a bid at the time of this writing of $2.40..