Commit To Purchase Boot Barn Holdings At $5, Earn 8.4% Annualized Using Options
October 13, 2017 at 11:40 AM EDT
Investors eyeing a purchase of Boot Barn Holdings Inc (BOOT) shares, but cautious about paying the going market price of $7.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2018 put at the $5 strike, which has a bid at the time of this writing of 25 cents..