Commit To Buy Skullcandy At $7, Earn 19.6% Annualized Using Options
June 17, 2015 at 11:34 AM EDT
Investors eyeing a purchase of Skullcandy Inc (SKUL) shares, but cautious about paying the going market price of $7.74/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 $7 strike, which has a bid at the time of this writing of 35 cents..