Commit To Buy Skullcandy At $6, Earn 19.7% Annualized Using Options
September 15, 2015 at 11:36 AM EDT
Investors considering a purchase of Skullcandy Inc (SKUL) 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 March 2016 put at the $6 strike, which has a bid at the time of this writing of 60 cents..