Commit To Buy BioTelemetry At $27, Earn 13% Annualized Using Options
April 12, 2017 at 11:39 AM EDT
Investors eyeing a purchase of BioTelemetry Inc (BEAT) shares, but cautious about paying the going market price of $30.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $27 strike, which has a bid at the time of this writing of $2.10..