Commit To Purchase Benefitfocus At $25, Earn 14.5% Annualized Using Options
April 15, 2016 at 11:36 AM EDT
Investors eyeing a purchase of Benefitfocus Inc (BNFT) stock, but cautious about paying the going market price of $34.83/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 $25 strike, which has a bid at the time of this writing of $2.15..