Commit To Buy Zumiez At $30, Earn 10.1% Annualized Using Options
December 10, 2014 at 11:49 AM EST
Investors eyeing a purchase of Zumiez Inc (ZUMZ) stock, but tentative about paying the going market price of $34.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $30 strike, which has a bid at the time of this writing of $1.30..