Commit To Purchase Barnes & Noble At $4, Earn 17.4% Annualized Using Options
March 23, 2018 at 11:52 AM EDT
Investors considering a purchase of Barnes & Noble Inc (BKS) shares, but tentative about paying the going market price of $5.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $4 strike, which has a bid at the time of this writing of 40 cents..