Commit To Buy Smith & Wesson Holding Corp At $12, Earn 5.4% Using Options
September 11, 2015 at 11:41 AM EDT
Investors considering a purchase of Smith & Wesson Holding Corp (SWHC) stock, but cautious about paying the going market price of $18.68/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 65 cents..