Commit To Buy Kona Grill At $5, Earn 26.8% Annualized Using Options
April 18, 2017 at 13:46 PM EDT
Investors eyeing a purchase of Kona Grill Inc (KONA) shares, but tentative about paying the going market price of $5.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $5 strike, which has a bid at the time of this writing of 55 cents..