Commit To Buy Benefitfocus At $12.50, Earn 11.3% Annualized Using Options
February 10, 2020 at 11:56 AM EST
Investors considering a purchase of Benefitfocus Inc (BNFT) stock, but cautious about paying the going market price of $18.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $12.50 strike, which has a bid at the time of this writing of 75 cents..