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Commit To Purchase Greif At $55, Earn 51.3% Annualized Using Options

Investors eyeing a purchase of Greif Inc (GEF) shares, but cautious about paying the going market price of $59.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $55 strike, which has a bid at the time of this writing of 85 cents..
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