Commit To Buy Benefitfocus At $25, Earn 12.7% Annualized Using Options
January 23, 2017 at 11:50 AM EST
Investors eyeing a purchase of Benefitfocus Inc (BNFT) stock, but cautious about paying the going market price of $31.10/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 $1.80..