Commit To Buy bluebird bio At $1, Earn 41.2% Annualized Using Options
July 24, 2024 at 11:35 AM EDT
Investors considering a purchase of bluebird bio Inc (BLUE) stock, but tentative about paying the going market price of $1.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $1 strike, which has a bid at the time of this writing of 20 cents..