Agree To Purchase Mylan At $35, Earn 4.5% Using Options
January 21, 2015 at 11:53 AM EST
Investors considering a purchase of Mylan Inc (MYL) shares, but cautious about paying the going market price of $55.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $35 strike, which has a bid at the time of this writing of $1.59..