Commit To Buy Benefitfocus At $17.50, Earn 8.5% Annualized Using Options
March 28, 2018 at 11:53 AM EDT
Investors considering a purchase of Benefitfocus Inc (BNFT) stock, but cautious about paying the going market price of $24.20/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 $17.50 strike, which has a bid at the time of this writing of 95 cents..