Commit To Purchase Natural Grocers By Vitamin Cottage At $22.50, Earn 11.9% Annualized Using Options
March 25, 2015 at 11:34 AM EDT
Investors eyeing a purchase of Natural Grocers By Vitamin Cottage Inc (NGVC) shares, but cautious about paying the going market price of $27.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $22.50 strike, which has a bid at the time of this writing of $1.30..