Commit To Buy Boingo Wireless At $5, Earn 33.2% Annualized Using Options
February 11, 2016 at 11:37 AM EST
Investors eyeing a purchase of Boingo Wireless Inc (WIFI) shares, but cautious about paying the going market price of $5.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $5 strike, which has a bid at the time of this writing of 45 cents..