Commit To Purchase Crocs At $70, Earn 7.3% Using Options
April 15, 2024 at 12:07 PM EDT
Investors eyeing a purchase of Crocs Inc (CROX) stock, but tentative about paying the going market price of $125.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $70 strike, which has a bid at the time of this writing of $5.10..