Commit To Buy Barnes & Noble Education At $5, Earn 15.8% Annualized Using Options
October 15, 2018 at 11:56 AM EDT
Investors considering a purchase of Barnes & Noble Education Inc (BNED) stock, but tentative about paying the going market price of $5.71/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2019 put at the $5 strike, which has a bid at the time of this writing of 40 cents..