June 06, 2013 at 13:39 PM EDT
Commit To Buy Zagg At $3, Earn 15%
Investors eyeing a purchase of Zagg Inc (ZAGG) stock, but cautious about paying the going market price of $5.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $3 strike, which has a bid at the time of this writing of 45 cents.
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