Commit To Buy Premier Financial At $5, Earn 6296.2% Annualized Using Options
May 13, 2024 at 13:19 PM EDT
Investors eyeing a purchase of Premier Financial Corp (PFC) shares, but tentative about paying the going market price of $21.31/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $5 strike, which has a bid at the time of this writing of $3.45..