Commit To Purchase Zumiez At $17.50, Earn 8.5% Annualized Using Options
November 03, 2016 at 11:35 AM EDT
Investors eyeing a purchase of Zumiez Inc (ZUMZ) shares, but tentative about paying the going market price of $23.62/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $17.50 strike, which has a bid at the time of this writing of 80 cents..