Commit To Buy KBR At $13, Earn 9.9% Annualized Using Options
January 20, 2015 at 11:50 AM EST
Investors considering a purchase of KBR Inc (KBR) shares, but cautious about paying the going market price of $15.63/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $13 strike, which has a bid at the time of this writing of 85 cents..