Commit To Purchase Amneal Pharmaceuticals At $5, Earn 37.4% Annualized Using Options

Investors eyeing a purchase of Amneal Pharmaceuticals Inc (AMRX) stock, but cautious about paying the going market price of $5.89/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 $5 strike, which has a bid at the time of this writing of 20 cents..
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