Commit To Buy Natural Grocers By Vitamin Cottage At $22.50, Earn 15.1% Annualized Using Options
December 24, 2014 at 12:18 PM EST
Investors eyeing a purchase of Natural Grocers By Vitamin Cottage Inc (NGVC) stock, but cautious about paying the going market price of $26.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2015 put at the $22.50 strike, which has a bid at the time of this writing of $1.65..