Commit To Purchase Fossil Group At $17.50, Earn 8.9% Using Options
July 01, 2016 at 12:35 PM EDT
Investors considering a purchase of Fossil Group Inc (FOSL) stock, but cautious about paying the going market price of $29.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $17.50 strike, which has a bid at the time of this writing of $1.55..