Commit To Buy FTD Companies At $30, Earn 17.4% Annualized Using Options
October 09, 2015 at 11:50 AM EDT
Investors eyeing a purchase of FTD Companies Inc (FTD) stock, but cautious about paying the going market price of $30.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $30 strike, which has a bid at the time of this writing of $2.30..