Commit To Purchase Safe Bulkers At $2.50, Earn 12.2% Annualized Using Options
June 21, 2018 at 12:01 PM EDT
Investors eyeing a purchase of Safe Bulkers Inc (SB) stock, but tentative about paying the going market price of $3.74/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 $2.50 strike, which has a bid at the time of this writing of 10 cents..