Commit To Purchase Skechers USA At $15, Earn 7% Using Options
February 14, 2017 at 11:57 AM EST
Investors considering a purchase of Skechers USA Inc (SKX) shares, but cautious about paying the going market price of $26.64/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $15 strike, which has a bid at the time of this writing of $1.05..