Commit To Buy BroadSoft At $30, Earn 14.8% Annualized Using Options
July 16, 2015 at 11:32 AM EDT
Investors eyeing a purchase of BroadSoft Inc (BSFT) shares, but tentative about paying the going market price of $33.93/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 $30 strike, which has a bid at the time of this writing of $1.55..