Commit To Buy Diplomat Pharmacy At $20, Earn 7.8% Annualized Using Options
May 03, 2016 at 11:45 AM EDT
Investors eyeing a purchase of Diplomat Pharmacy Inc (DPLO) stock, but cautious about paying the going market price of $30.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $20 strike, which has a bid at the time of this writing of 85 cents..