Commit To Purchase Zagg At $4, Earn 12.2% Annualized Using Options
April 11, 2014 at 11:38 AM EDT
Investors eyeing a purchase of Zagg Inc (ZAGG) stock, but cautious about paying the going market price of $4.49/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 $4 strike, which has a bid at the time of this writing of 30 cents..