Commit To Purchase Kirkland's At $25, Earn 9.5% Annualized Using Options
July 14, 2015 at 11:34 AM EDT
Investors eyeing a purchase of Kirkland's Inc (KIRK) shares, but cautious about paying the going market price of $28.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $25 strike, which has a bid at the time of this writing of $1.20..