Commit To Purchase Stitch Fix At $13, Earn 17.3% Using Options
August 21, 2019 at 13:25 PM EDT
Investors eyeing a purchase of Stitch Fix Inc (SFIX) shares, but cautious about paying the going market price of $20.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $13 strike, which has a bid at the time of this writing of $2.25..