Commit To Buy BioTelemetry At $24, Earn 10.2% Annualized Using Options
March 23, 2018 at 11:52 AM EDT
Investors considering a purchase of BioTelemetry Inc (BEAT) shares, but cautious about paying the going market price of $32.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $24 strike, which has a bid at the time of this writing of $1.60..