Commit To Purchase Smart & Final Stores At $10, Earn 8.6% Annualized Using Options
April 19, 2017 at 14:48 PM EDT
Investors considering a purchase of Smart & Final Stores Inc (SFS) shares, but cautious about paying the going market price of $12.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $10 strike, which has a bid at the time of this writing of 50 cents..