Commit To Purchase Smith & Wesson Holding At $12, Earn 9.2% Using Options
June 12, 2015 at 11:38 AM EDT
Investors considering a purchase of Smith & Wesson Holding Corp (SWHC) stock, but cautious about paying the going market price of $15.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $12 strike, which has a bid at the time of this writing of $1.10..