Commit To Purchase BioScrip At $2.50, Earn 31.4% Annualized Using Options
April 18, 2018 at 11:51 AM EDT
Investors eyeing a purchase of BioScrip Inc (BIOS) shares, but cautious about paying the going market price of $2.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $2.50 strike, which has a bid at the time of this writing of 20 cents..