Commit To Buy Seritage Growth Properties At $35, Earn 8.2% Annualized Using Options
February 14, 2017 at 11:57 AM EST
Investors eyeing a purchase of Seritage Growth Properties (SRG) shares, but tentative about paying the going market price of $44.63/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 $35 strike, which has a bid at the time of this writing of $1.95..