Commit To Purchase Pacific Biosciences of California At $1, Earn 43.5% Annualized Using Options
September 06, 2024 at 13:25 PM EDT
Investors eyeing a purchase of Pacific Biosciences of California Inc (PACB) shares, but cautious about paying the going market price of $1.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $1 strike, which has a bid at the time of this writing of 5 cents..
