Commit To Buy Vista Outdoor At $17.50, Earn 9.4% Annualized Using Options
October 19, 2017 at 11:31 AM EDT
Investors considering a purchase of Vista Outdoor Inc (VSTO) shares, but cautious about paying the going market price of $21.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2018 put at the $17.50 strike, which has a bid at the time of this writing of 95 cents..