Commit To Buy Natural Grocers By Vitamin Cottage At $20, Earn 14% Annualized Using Options
September 24, 2015 at 11:57 AM EDT
Investors eyeing a purchase of Natural Grocers By Vitamin Cottage Inc (NGVC) shares, but cautious about paying the going market price of $23.39/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 $20 strike, which has a bid at the time of this writing of $1.35..