Commit To Buy Voxx International Corp At $5, Earn 13.5% Annualized Using Options

Investors considering a purchase of Voxx International Corp (VOXX) stock, but tentative about paying the going market price of $6.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2018 put at the $5 strike, which has a bid at the time of this writing of 40 cents..