Commit To Buy Zumiez At $12.50, Earn 10.8% Annualized Using Options
April 29, 2016 at 11:39 AM EDT
Investors eyeing a purchase of Zumiez Inc (ZUMZ) stock, but tentative about paying the going market price of $16.65/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 $12.50 strike, which has a bid at the time of this writing of 75 cents..