Commit To Purchase Skechers USA At $24, Earn 9.8% Annualized Using Options
May 08, 2019 at 11:53 AM EDT
Investors considering a purchase of Skechers USA Inc (SKX) stock, but cautious about paying the going market price of $29.87/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $24 strike, which has a bid at the time of this writing of $1.05..