Commit To Purchase Bandwidth At $60, Earn 19.5% Annualized Using Options
January 27, 2020 at 13:00 PM EST
Investors eyeing a purchase of Bandwidth Inc (BAND) stock, but tentative about paying the going market price of $70.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $60 strike, which has a bid at the time of this writing of $3.50..
