Commit To Buy Pacira BioSciences At $17.50, Earn 10.4% Annualized Using Options
April 24, 2024 at 12:02 PM EDT
Investors eyeing a purchase of Pacira BioSciences Inc (PCRX) stock, but tentative about paying the going market price of $26.25/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 $17.50 strike, which has a bid at the time of this writing of $1.20..