Commit To Purchase BioDelivery Sciences International At $12.50, Earn 9.9% Annualized Using Options
September 25, 2014 at 12:40 PM EDT
Investors considering a purchase of BioDelivery Sciences International Inc (BDSI) shares, but cautious about paying the going market price of $16.55/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $12.50 strike, which has a bid at the time of this writing of 60 cents..