Commit To Buy Dick's Sporting Goods At $33, Earn 6.1% Using Options
December 12, 2014 at 11:43 AM EST
Investors eyeing a purchase of Dick's Sporting Goods, Inc (DKS) stock, but cautious about paying the going market price of $48.57/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 $33 strike, which has a bid at the time of this writing of $2.00..