Commit To Buy Francesca's Holdings Corp At $10, Earn 8.5% Using Options
September 29, 2014 at 11:28 AM EDT
Investors eyeing a purchase of Francesca's Holdings Corp (FRAN) stock, but cautious about paying the going market price of $14.10/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 $10 strike, which has a bid at the time of this writing of 85 cents..