Investors considering a purchase of PharMerica Corp (PMC) shares, but cautious about paying the going market price of $15.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2014 put at the $12.50 strike, which has a bid at the time of this writing of 65 cents. Collecting that bid as the premium represents a 5.2% return against the $12.50 commitment, or a 7.9% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy PharMerica Corp At $12.50, Earn 7.9% Annualized Using Options
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