Commit To Buy Belden At $60, Earn 932.8% Annualized Using Options
May 14, 2024 at 11:32 AM EDT
Investors eyeing a purchase of Belden Inc (BDC) stock, but cautious about paying the going market price of $92.78/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 $4.60..