Commit To Purchase Crocs At $8, Earn 8.9% Annualized Using Options
July 29, 2016 at 11:46 AM EDT
Investors considering a purchase of Crocs Inc (CROX) shares, but tentative about paying the going market price of $11.43/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $8 strike, which has a bid at the time of this writing of 45 cents..