Commit To Buy Zumiez At $30, Earn 8.8% Annualized Using Options

Investors considering a purchase of Zumiez Inc (ZUMZ) shares, but cautious about paying the going market price of $35.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $30 strike, which has a bid at the time of this writing of $1.60..