Commit To Buy BroadSoft At $17.50, Earn 17.6% Annualized Using Options
October 14, 2014 at 11:28 AM EDT
Investors considering a purchase of BroadSoft Inc (BSFT) stock, but cautious about paying the going market price of $19.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $17.50 strike, which has a bid at the time of this writing of 80 cents..