Commit To Purchase Bandwidth At $70, Earn 10.5% Annualized Using Options
July 12, 2019 at 11:48 AM EDT
Investors considering a purchase of Bandwidth Inc (BAND) shares, but tentative about paying the going market price of $77.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2020 put at the $70 strike, which has a bid at the time of this writing of $4.50..