Commit To Purchase BJ's Restaurants At $50, Earn 7.6% Using Options
August 02, 2018 at 11:54 AM EDT
Investors eyeing a purchase of BJ's Restaurants Inc (BJRI) shares, but tentative about paying the going market price of $62.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $50 strike, which has a bid at the time of this writing of $3.80..