For long-suffering owners of Boston Scientific, here's how to get paid a meaningful cash income now, yours to keep no matter what, in exchange for capping your gains at a higher price.
Boston Scientific (BSX) has had a punishing year, with the stock trading about 54% below its 52-week high after a guidance cut soured the market's mood. For shareholders staring at a sea of red and wondering what comes next, there is a way to generate a real cash income from your shares today. It's paid the moment you make the trade, and it's yours to keep whether the stock goes up, down, or sideways from here.
You own (or buy) 100 shares of BSX near today's price of $49.86.
Sell one call option on BSX expiring 9/17/2027, with a strike price of $55, about 10% above today.
Collect roughly $735 in premium up front per contract (each contract covers 100 shares), which you keep no matter what the stock does.
#price
Boston Scientific (BSX) has had a punishing year, with the stock trading about 54% below its 52-week high after a guidance cut soured the market's mood. For shareholders staring at a sea of red and wondering what comes next, there is a way to generate a real cash income from your shares today. It's paid the moment you make the trade, and it's yours to keep whether the stock goes up, down, or sideways from here.
You own (or buy) 100 shares of BSX near today's price of $49.86.
Sell one call option on BSX expiring 9/17/2027, with a strike price of $55, about 10% above today.
Collect roughly $735 in premium up front per contract (each contract covers 100 shares), which you keep no matter what the stock does.
#price
7 hours ago
