Commit To Buy Box At $13, Earn 8.1% Using Options
December 18, 2019 at 11:50 AM EST
Investors considering a purchase of Box Inc (BOX) stock, but cautious about paying the going market price of $17.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $13 strike, which has a bid at the time of this writing of $1.05..