Commit To Buy Bassett Furniture Industries At $17.50, Earn 10.3% Annualized Using Options
December 18, 2018 at 11:19 AM EST
Investors considering a purchase of Bassett Furniture Industries, Inc (BSET) shares, but tentative about paying the going market price of $19.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2019 put at the $17.50 strike, which has a bid at the time of this writing of $1.05..