Commit To Purchase Bill Barrett Corp At $17.50, Earn 8.3% Annualized Using Options
September 26, 2014 at 11:32 AM EDT
Investors considering a purchase of Bill Barrett Corp (BBG) stock, but cautious about paying the going market price of $22.48/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $17.50 strike, which has a bid at the time of this writing of 70 cents..