Commit To Purchase Skullcandy At $6, Earn 10.8% Annualized Using Options
August 07, 2014 at 11:33 AM EDT
Investors eyeing a purchase of Skullcandy Inc (SKUL) stock, but tentative about paying the going market price of $7.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $6 strike, which has a bid at the time of this writing of 40 cents..