Commit To Purchase Sears Holdings Corp At $3, Earn 36.7% Using Options
September 21, 2017 at 13:10 PM EDT
Investors eyeing a purchase of Sears Holdings Corp (SHLD) shares, but tentative about paying the going market price of $7.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $3 strike, which has a bid at the time of this writing of $1.10..