Commit To Purchase B&G Foods At $7.50, Earn 12.7% Using Options
April 04, 2024 at 11:32 AM EDT
Investors considering a purchase of B&G Foods Inc (BGS) shares, but cautious about paying the going market price of $11.31/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $7.50 strike, which has a bid at the time of this writing of 95 cents..