Commit To Purchase BioScrip At $2.50, Earn 18.5% Annualized Using Options
July 07, 2016 at 11:42 AM EDT
Investors eyeing a purchase of BioScrip Inc (BIOS) stock, but cautious about paying the going market price of $2.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $2.50 strike, which has a bid at the time of this writing of 25 cents..