Commit To Purchase Kronos Worldwide At $5, Earn 15.9% Annualized Using Options
December 11, 2015 at 11:42 AM EST
Investors eyeing a purchase of Kronos Worldwide Inc (KRO) stock, but tentative about paying the going market price of $5.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2016 put at the $5 strike, which has a bid at the time of this writing of 35 cents..