Commit To Buy Tilly's At $7.50, Earn 9.7% Annualized Using Options
August 18, 2015 at 11:48 AM EDT
Investors considering a purchase of Tilly's Inc (TLYS) stock, but cautious about paying the going market price of $9.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $7.50 strike, which has a bid at the time of this writing of 30 cents..