Commit To Purchase Fossil Group At $75, Earn 5.2% Using Options
July 28, 2014 at 11:27 AM EDT
Investors eyeing a purchase of Fossil Group Inc (FOSL) shares, but tentative about paying the going market price of $100.31/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $75 strike, which has a bid at the time of this writing of $3.90..