Commit To Purchase BioTelemetry At $15, Earn 16.5% Annualized Using Options
November 08, 2016 at 11:43 AM EST
Investors eyeing a purchase of BioTelemetry Inc (BEAT) stock, but cautious about paying the going market price of $16.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $15 strike, which has a bid at the time of this writing of $1.30..