Commit To Buy BioScrip At $5, Earn 7.3% Annualized Using Options
September 29, 2014 at 11:27 AM EDT
Investors considering a purchase of BioScrip Inc (BIOS) stock, but cautious about paying the going market price of $6.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $5 strike, which has a bid at the time of this writing of 20 cents..