Agree To Purchase Staples At $8, Earn 4.4% Using Options
August 28, 2014 at 11:34 AM EDT
Investors considering a purchase of Staples Inc (SPLS) shares, but tentative about paying the going market price of $11.54/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 $8 strike, which has a bid at the time of this writing of 35 cents..