Agree To Purchase Kansas City Southern At $60, Earn 1.6% Using Options
September 20, 2017 at 13:58 PM EDT
Investors considering a purchase of Kansas City Southern (KSU) shares, but cautious about paying the going market price of $107.38/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 $60 strike, which has a bid at the time of this writing of 95 cents..