Commit To Buy Voxx International Corp At $5, Earn 29% Annualized Using Options
March 21, 2016 at 11:44 AM EDT
Investors considering a purchase of Voxx International Corp (VOXX) shares, but cautious about paying the going market price of $5.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $5 strike, which has a bid at the time of this writing of 60 cents..