Commit To Purchase Brinks At $72.50, Earn 15.1% Annualized Using Options
February 08, 2018 at 14:01 PM EST
Investors eyeing a purchase of Brinks Co (BCO) stock, but cautious about paying the going market price of $73.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $72.50 strike, which has a bid at the time of this writing of $3.80..