Commit To Purchase Sprouts Farmers Market At $17.50, Earn 6.9% Using Options
February 01, 2019 at 13:52 PM EST
Investors considering a purchase of Sprouts Farmers Market Inc (SFM) stock, but cautious about paying the going market price of $23.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $17.50 strike, which has a bid at the time of this writing of $1.20..