Commit To Purchase Crocs At $6, Earn 10.5% Annualized Using Options
October 28, 2016 at 11:46 AM EDT
Investors considering a purchase of Crocs Inc (CROX) shares, but tentative about paying the going market price of $7.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $6 strike, which has a bid at the time of this writing of 40 cents..