Commit To Buy Lifelock At $7, Earn 10% Using Options
February 10, 2016 at 11:48 AM EST
Investors considering a purchase of Lifelock Inc (LOCK) shares, but cautious about paying the going market price of $11.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $7 strike, which has a bid at the time of this writing of 70 cents..