Commit To Purchase Bill Barrett Corp At $4, Earn 21.1% Annualized Using Options
October 17, 2016 at 11:38 AM EDT
Investors considering a purchase of Bill Barrett Corp (BBG) stock, but tentative about paying the going market price of $5.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $4 strike, which has a bid at the time of this writing of 35 cents..