Commit To Buy Lifelock At $15, Earn 15.4% Annualized Using Options
July 01, 2015 at 11:56 AM EDT
Investors considering a purchase of Lifelock Inc (LOCK) stock, but cautious about paying the going market price of $16.66/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 $15 strike, which has a bid at the time of this writing of 90 cents..