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Commit To Buy BCB Bancorp At $7.50, Earn 13.5% Annualized Using Options

Investors eyeing a purchase of BCB Bancorp Inc (BCBP) stock, but tentative about paying the going market price of $10.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March put at the $7.50 strike, which has a bid at the time of this writing of 10 cents..

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BCB Bancorp, Inc. (NJ) (BCBP)