Commit To Purchase Barnes & Noble At $18, Earn 10.6% Using Options
March 10, 2015 at 11:32 AM EDT
Investors considering a purchase of Barnes & Noble Inc (BKS) shares, but tentative about paying the going market price of $23.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $18 strike, which has a bid at the time of this writing of $1.90..