Commit To Purchase Bandwidth At $12.50, Earn 16.6% Annualized Using Options

Investors eyeing a purchase of Bandwidth Inc (BAND) shares, but tentative about paying the going market price of $15.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2025 put at the $12.50 strike, which has a bid at the time of this writing of $1.10..