|Day Low/High||8.02 / 8.20|
|52 Wk Low/High||6.59 / 15.80|
Investors in Bankrate Inc saw new options become available today, for the March 2017 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
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Investors considering a purchase of Bankrate Inc shares, but cautious about paying the going market price of $8.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $7.50 strike, which has a bid at the time of this writing of 55 cents.
A Higher Credit Limit Can Improve One's Credit Score
May 5, 2016 at 5:00 P.M. Eastern Time