Commit To Purchase Big 5 Sporting Goods Corp At $10, Earn 12% Annualized Using Options
August 31, 2015 at 11:40 AM EDT
Investors considering a purchase of Big 5 Sporting Goods Corp (BGFV) stock, but tentative about paying the going market price of $11.36/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $10 strike, which has a bid at the time of this writing of 45 cents..