Commit To Buy Zumiez At $15, Earn 16.5% Annualized Using Options
August 02, 2016 at 11:45 AM EDT
Investors eyeing a purchase of Zumiez Inc (ZUMZ) stock, but tentative about paying the going market price of $17.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $15 strike, which has a bid at the time of this writing of $1.35..