Commit To Purchase Pyxus International At $7.50, Earn 28.7% Using Options
August 20, 2019 at 11:40 AM EDT
Investors eyeing a purchase of Pyxus International Inc (PYX) shares, but cautious about paying the going market price of $14.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $7.50 strike, which has a bid at the time of this writing of $2.15..
