Commit To Purchase The Bancorp At $7.50, Earn 6.4% Annualized Using Options
August 14, 2019 at 13:12 PM EDT
Investors eyeing a purchase of The Bancorp Inc (TBBK) stock, but cautious about paying the going market price of $9.43/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2020 put at the $7.50 strike, which has a bid at the time of this writing of 25 cents..