Commit To Buy Franklin Covey At $22.50, Earn 12.6% Annualized Using Options

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..
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