Commit To Purchase Brooks Automation At $10, Earn 21.9% Annualized Using Options
September 04, 2015 at 11:41 AM EDT
Investors eyeing a purchase of Brooks Automation Inc (BRKS) shares, but tentative about paying the going market price of $10.16/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $10 strike, which has a bid at the time of this writing of 80 cents..