Commit To Buy Kirkland's At $20, Earn 14.5% Annualized Using Options
December 12, 2014 at 11:45 AM EST
Investors eyeing a purchase of Kirkland's Inc (KIRK) shares, but cautious about paying the going market price of $21.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $20 strike, which has a bid at the time of this writing of $1.00..