Commit To Buy hhgregg At $6, Earn 27.2% Annualized Using Options
April 09, 2015 at 11:35 AM EDT
Investors eyeing a purchase of hhgregg Inc (HGG) stock, but cautious about paying the going market price of $6.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $6 strike, which has a bid at the time of this writing of 85 cents..