Commit To Buy Voxx International At $7.50, Earn 8.4% Annualized Using Options
September 26, 2014 at 11:36 AM EDT
Investors considering a purchase of Voxx International Corp (VOXX) stock, but cautious about paying the going market price of $9.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..