Commit To Purchase Brookdale Senior Living At $5, Earn 11.8% Annualized Using Options
April 15, 2024 at 11:42 AM EDT
Investors considering a purchase of Brookdale Senior Living Inc (BKD) shares, but tentative about paying the going market price of $6.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $5 strike, which has a bid at the time of this writing of 30 cents..