Commit To Buy Proto Labs At $60, Earn 10.1% Annualized Using Options
April 01, 2015 at 11:37 AM EDT
Investors eyeing a purchase of Proto Labs Inc (PRLB) stock, but cautious about paying the going market price of $70.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $60 strike, which has a bid at the time of this writing of $3.30..