Commit To Purchase Kirkland's At $12.50, Earn 11.2% Annualized Using Options
May 05, 2016 at 11:41 AM EDT
Investors eyeing a purchase of Kirkland's Inc (KIRK) stock, but tentative about paying the going market price of $15.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $12.50 strike, which has a bid at the time of this writing of 65 cents..