Commit To Purchase Braemar Hotels & Resorts At $7.50, Earn 6.6% Annualized Using Options
July 16, 2019 at 11:44 AM EDT
Investors eyeing a purchase of Braemar Hotels & Resorts Inc (BHR) shares, but cautious about paying the going market price of $9.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $7.50 strike, which has a bid at the time of this writing of 25 cents..
