Commit To Purchase Fossil Group At $17.50, Earn 7.4% Using Options
October 03, 2016 at 11:42 AM EDT
Investors considering a purchase of Fossil Group Inc (FOSL) shares, but cautious about paying the going market price of $27.82/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 $17.50 strike, which has a bid at the time of this writing of $1.30..