Commit To Buy PharMerica Corp At $22.50, Earn 7.9% Annualized Using Options
March 18, 2015 at 11:32 AM EDT
Investors eyeing a purchase of PharMerica Corp (PMC) stock, but cautious about paying the going market price of $27.60/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $22.50 strike, which has a bid at the time of this writing of 90 cents..