Commit To Purchase Franklin Covey At $17.50, Earn 10.4% Annualized Using Options
May 03, 2017 at 11:34 AM EDT
Investors eyeing a purchase of Franklin Covey Co (FC) stock, but tentative about paying the going market price of $20.55/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 $17.50 strike, which has a bid at the time of this writing of $1.30..