Commit To Buy Francesca's Holdings Corp At $11, Earn 14.7% Annualized Using Options
July 24, 2015 at 11:33 AM EDT
Investors considering a purchase of Francesca's Holdings Corp (FRAN) stock, but tentative about paying the going market price of $12.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $11 strike, which has a bid at the time of this writing of 65 cents..