Commit To Buy Kindred Healthcare At $7.50, Earn 29.6% Annualized Using Options
January 26, 2016 at 11:54 AM EST
Investors eyeing a purchase of Kindred Healthcare Inc (KND) shares, but cautious about paying the going market price of $9.24/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $7.50 strike, which has a bid at the time of this writing of 70 cents..