Commit To Buy PRA Health Sciences At $85, Earn 7.2% Using Options
October 17, 2019 at 11:57 AM EDT
Investors eyeing a purchase of PRA Health Sciences Inc (PRAH) stock, but cautious about paying the going market price of $97.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November 2020 put at the $85 strike, which has a bid at the time of this writing of $6.10..
