Commit To Buy Big 5 Sporting Goods Corp At $12.50, Earn 15.8% Annualized Using Options
September 13, 2016 at 11:41 AM EDT
Investors considering a purchase of Big 5 Sporting Goods Corp (BGFV) stock, but tentative about paying the going market price of $14.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $12.50 strike, which has a bid at the time of this writing of 70 cents..