Commit To Buy Francesca's Holdings Corp At $12.50, Earn 12.7% Annualized Using Options
January 21, 2015 at 11:51 AM EST
Investors considering a purchase of Francesca's Holdings Corp (FRAN) shares, but cautious about paying the going market price of $15.42/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $12.50 strike, which has a bid at the time of this writing of 65 cents..