Commit To Purchase Babcock & Wilcox Enterprises At $1, Earn 11.7% Annualized Using Options
March 11, 2024 at 15:16 PM EDT
Investors eyeing a purchase of Babcock & Wilcox Enterprises Inc (BW) stock, but tentative about paying the going market price of $1.32/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 10 cents..
