Commit To Buy Crocs At $8, Earn 5% Using Options
October 09, 2014 at 11:31 AM EDT
Investors eyeing a purchase of Crocs Inc (CROX) shares, but cautious about paying the going market price of $12.18/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $8 strike, which has a bid at the time of this writing of 40 cents..