Commit To Purchase Iconix Brand Group At $5, Earn 30% Using Options

Investors considering a purchase of Iconix Brand Group Inc (ICON) shares, but tentative about paying the going market price of $7.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $5 strike, which has a bid at the time of this writing of $1.50..