Agree To Buy Broadcom At $95, Earn 6.3% Using Options
May 27, 2016 at 11:44 AM EDT
Investors eyeing a purchase of Broadcom Ltd (AVGO) stock, but tentative about paying the going market price of $152.99/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 $95 strike, which has a bid at the time of this writing of $6.00..