Commit To Buy Bio-Rad Laboratories At $310, Earn 7.9% Annualized Using Options
December 12, 2019 at 11:29 AM EST
Investors eyeing a purchase of Bio-Rad Laboratories Inc (BIO) shares, but cautious about paying the going market price of $361.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $310 strike, which has a bid at the time of this writing of $12.70..