Commit To Purchase Sears Holdings Corp At $20, Earn 13% Using Options
May 28, 2015 at 11:46 AM EDT
Investors considering a purchase of Sears Holdings Corp (SHLD) shares, but cautious about paying the going market price of $44.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $20 strike, which has a bid at the time of this writing of $2.60..