Commit To Purchase Acco Brands Corp At $5, Earn 8.5% Annualized
July 02, 2013 at 11:36 AM EDT
Investors eyeing a purchase of Acco Brands Corp (ACCO) shares, but tentative about paying the going market price of $6.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $5 strike, which has a bid at the time of this writing of 20 cents.
