Commit To Purchase Boston Beer At $220, Earn 6.4% Annualized Using Options
June 04, 2018 at 12:03 PM EDT
Investors considering a purchase of Boston Beer Co Inc (SAM) shares, but tentative about paying the going market price of $257.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $220 strike, which has a bid at the time of this writing of $7.70..