Commit To Buy Kronos Worldwide At $5, Earn 9.5% Annualized Using Options
August 09, 2016 at 11:49 AM EDT
Investors considering a purchase of Kronos Worldwide Inc (KRO) shares, but tentative about paying the going market price of $6.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2017 put at the $5 strike, which has a bid at the time of this writing of 25 cents..