Commit To Buy ZAGG At $6, Earn 15.6% Annualized Using Options
October 17, 2016 at 11:42 AM EDT
Investors considering a purchase of ZAGG Inc (ZAGG) shares, but tentative about paying the going market price of $7.71/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $6 strike, which has a bid at the time of this writing of 55 cents..