Commit To Buy BioScrip At $2, Earn 36.9% Annualized Using Options
April 07, 2016 at 12:00 PM EDT
Investors considering a purchase of BioScrip Inc (BIOS) shares, but cautious about paying the going market price of $2.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $2 strike, which has a bid at the time of this writing of 20 cents..