Commit To Purchase Francesca's Holdings Corp At $14, Earn 13.7% Annualized Using Options
March 09, 2017 at 12:25 PM EST
Investors considering a purchase of Francesca's Holdings Corp (FRAN) stock, but cautious about paying the going market price of $16.38/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 $14 strike, which has a bid at the time of this writing of $1.00..