Commit To Purchase Pacira BioSciences At $15, Earn 12.5% Annualized Using Options
April 04, 2024 at 11:33 AM EDT
Investors considering a purchase of Pacira BioSciences Inc (PCRX) shares, but cautious about paying the going market price of $29.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $15 strike, which has a bid at the time of this writing of 40 cents..