Commit To Buy Embecta At $7.50, Earn 12.9% Annualized Using Options
April 22, 2024 at 12:51 PM EDT
Investors eyeing a purchase of Embecta Corp (EMBC) shares, but cautious about paying the going market price of $10.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $7.50 strike, which has a bid at the time of this writing of 55 cents..