Commit To Purchase Chico's FAS At $3, Earn 21.7% Using Options
April 22, 2019 at 11:51 AM EDT
Investors eyeing a purchase of Chico's FAS Inc (CHS) shares, but cautious about paying the going market price of $3.53/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 $3 strike, which has a bid at the time of this writing of 65 cents..