Agree To Purchase Baxalta At $45, Earn 8% Annualized Using Options
June 02, 2016 at 12:04 PM EDT
Investors eyeing a purchase of Baxalta Inc (BXLT) shares, but tentative about paying the going market price of $46.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $45 strike, which has a bid at the time of this writing of $2.30..