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Commit To Buy Fabrinet At $50, Earn 7.2% Annualized Using Options

Investors considering a purchase of Fabrinet (FN) shares, but tentative about paying the going market price of $65.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $50 strike, which has a bid at the time of this writing of $2.90..
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