Commit To Buy Babcock & Wilcox Enterprises At $1, Earn 49.5% Annualized Using Options
June 10, 2024 at 11:34 AM EDT
Investors considering a purchase of Babcock & Wilcox Enterprises Inc (BW) stock, but cautious about paying the going market price of $1.26/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 30 cents..