Commit To Purchase Barnes & Noble Education At $5, Earn 9.5% Annualized Using Options
August 18, 2017 at 11:47 AM EDT
Investors eyeing a purchase of Barnes & Noble Education Inc (BNED) shares, but tentative about paying the going market price of $6.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $5 strike, which has a bid at the time of this writing of 20 cents..