Commit To Buy Francesca's Holdings Corp At $15, Earn 10.1% Annualized Using Options
April 22, 2015 at 11:52 AM EDT
Investors eyeing a purchase of Francesca's Holdings Corp (FRAN) shares, but cautious about paying the going market price of $17.62/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $15 strike, which has a bid at the time of this writing of $1.00..