Commit To Buy Badger Meter At $45, Earn 5.9% Annualized Using Options
May 21, 2019 at 11:08 AM EDT
Investors eyeing a purchase of Badger Meter Inc (BMI) stock, but tentative about paying the going market price of $53.12/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 $45 strike, which has a bid at the time of this writing of $1.30..