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Agree To Buy AutoZone At $430, Earn 2.4% Using Options

2014-11-04 19:14:16| Auto Parts - Topix.net

Investors eyeing a purchase of AutoZone, Inc. stock, but tentative about paying the going market price of $552.94/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $430 strike, which has a bid at the time of this writing of $10.50.

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