Commit To Buy Badger Meter At $120, Earn 49.4% Annualized Using Options
May 20, 2024 at 11:37 AM EDT
Investors considering a purchase of Badger Meter Inc (BMI) stock, but cautious about paying the going market price of $198.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $120 strike, which has a bid at the time of this writing of $5.20..