Commit To Buy PetMed Express At $30, Earn 15% Using Options
March 14, 2018 at 12:01 PM EDT
Investors considering a purchase of PetMed Express Inc (PETS) stock, but tentative about paying the going market price of $46.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $30 strike, which has a bid at the time of this writing of $4.50..