Commit To Buy ProAssurance Corp At $30, Earn 4.3% Annualized Using Options
March 21, 2019 at 12:02 PM EDT
Investors considering a purchase of ProAssurance Corp (PRA) stock, but tentative about paying the going market price of $36.55/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 $30 strike, which has a bid at the time of this writing of 85 cents..