Commit To Buy Knowles Corp At $12.50, Earn 9.6% Annualized Using Options
December 30, 2016 at 11:37 AM EST
Investors eyeing a purchase of Knowles Corp (KN) shares, but cautious about paying the going market price of $16.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $12.50 strike, which has a bid at the time of this writing of 55 cents..