Commit To Purchase Zumiez At $12.50, Earn 8.5% Annualized Using Options
March 21, 2017 at 11:57 AM EDT
Investors eyeing a purchase of Zumiez Inc (ZUMZ) stock, but tentative about paying the going market price of $16.82/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 70 cents..