Commit To Buy Brightcove At $7.50, Earn 8% Using Options
August 09, 2016 at 11:53 AM EDT
Investors considering a purchase of Brightcove Inc (BCOV) stock, but cautious about paying the going market price of $11.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $7.50 strike, which has a bid at the time of this writing of 60 cents..