Commit To Purchase Bill Barrett Corp At $5, Earn 30.2% Annualized Using Options
April 12, 2016 at 11:41 AM EDT
Investors considering a purchase of Bill Barrett Corp (BBG) shares, but cautious about paying the going market price of $7.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $5 strike, which has a bid at the time of this writing of 65 cents..