Commit To Buy Franklin Covey At $22.50, Earn 12.6% Annualized Using Options
February 15, 2018 at 11:46 AM EST
Investors considering a purchase of Franklin Covey Co (FC) stock, but cautious about paying the going market price of $26.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $22.50 strike, which has a bid at the time of this writing of $1.20..