Investors in BlackBerry Ltd (BBRY) saw new options become available today, for the April 25th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the BBRY options chain for the new April 25th contracts and identified one put and one call contract of particular interest.The put contract at the $10.00 strike price has a current bid of 93 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $10.00, but will also collect the premium, putting the cost basis of the shares at $9.07 (before broker commissions). To an investor already interested in purchasing shares of BBRY, that could represent an attractive alternative to paying $10.10/share today.
BBRY April 25th Options Begin Trading
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