Commit To Purchase BlueLinx Holdings At $25, Earn 14% Annualized Using Options
August 20, 2021 at 14:27 PM EDT
Investors considering a purchase of BlueLinx Holdings Inc (BXC) shares, but tentative about paying the going market price of $54.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2022 put at the $25 strike, which has a bid at the time of this writing of $1.75..