Commit To Buy Bandwidth At $15, Earn 21.2% Annualized Using Options
April 22, 2024 at 12:45 PM EDT
Investors eyeing a purchase of Bandwidth Inc (BAND) shares, but cautious about paying the going market price of $17.29/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 $15 strike, which has a bid at the time of this writing of $1.80..