Commit To Buy Shutterstock At $45, Earn 33% Annualized Using Options
February 20, 2018 at 11:54 AM EST
Investors eyeing a purchase of Shutterstock Inc (SSTK) stock, but cautious about paying the going market price of $45.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $45 strike, which has a bid at the time of this writing of $2.40..