Commit To Buy Skullcandy At $8, Earn 18.6% Annualized Using Options

Investors considering a purchase of Skullcandy Inc (SKUL) stock, but cautious about paying the going market price of $8.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $8 strike, which has a bid at the time of this writing of 40 cents..