Commit To Purchase Fabrinet At $37, Earn 6.9% Using Options
December 28, 2018 at 11:32 AM EST
Investors eyeing a purchase of Fabrinet (FN) stock, but tentative about paying the going market price of $50.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $37 strike, which has a bid at the time of this writing of $2.55..
