Commit To Purchase PharMerica Corp At $30, Earn 14.5% Annualized Using Options
June 17, 2015 at 11:32 AM EDT
Investors considering a purchase of PharMerica Corp (PMC) stock, but cautious about paying the going market price of $33.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $30 strike, which has a bid at the time of this writing of $2.20..