Commit To Buy Blueprint Medicines Corp At $70, Earn 11.1% Annualized Using Options
June 24, 2019 at 11:47 AM EDT
Investors considering a purchase of Blueprint Medicines Corp (BPMC) shares, but tentative about paying the going market price of $94.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $70 strike, which has a bid at the time of this writing of $4.40..
