Commit To Buy Boingo Wireless At $19, Earn 11% Annualized Using Options
March 26, 2018 at 11:47 AM EDT
Investors considering a purchase of Boingo Wireless Inc (WIFI) stock, but tentative about paying the going market price of $25.39/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 $19 strike, which has a bid at the time of this writing of $1.35..