Commit To Purchase BroadSoft At $35, Earn 9.4% Annualized Using Options
June 15, 2017 at 12:04 PM EDT
Investors considering a purchase of BroadSoft Inc (BSFT) stock, but cautious about paying the going market price of $41.62/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 $35 strike, which has a bid at the time of this writing of $1.40..