Commit To Purchase Belden At $60, Earn 7.2% Annualized Using Options
August 21, 2018 at 11:47 AM EDT
Investors eyeing a purchase of Belden Inc (BDC) shares, but cautious about paying the going market price of $70.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $60 strike, which has a bid at the time of this writing of $2.45..