Commit To Purchase BroadSoft At $25, Earn 12.7% Annualized Using Options
February 05, 2016 at 11:48 AM EST
Investors considering a purchase of BroadSoft Inc (BSFT) stock, but cautious about paying the going market price of $31.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $25 strike, which has a bid at the time of this writing of $1.70..