Commit To Purchase BioTelemetry At $40, Earn 14.6% Annualized Using Options
June 24, 2019 at 11:46 AM EDT
Investors eyeing a purchase of BioTelemetry Inc (BEAT) stock, but cautious about paying the going market price of $48.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $40 strike, which has a bid at the time of this writing of $2.30..