Commit To Buy Brinks At $75, Earn 5.3% Using Options
December 03, 2019 at 14:25 PM EST
Investors considering a purchase of Brinks Co (BCO) shares, but tentative about paying the going market price of $89.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2020 put at the $75 strike, which has a bid at the time of this writing of $4.00..