Commit To Buy DreamWorks Animation SKG At $24, Earn 12.5% Annualized Using Options
October 01, 2014 at 11:28 AM EDT
Investors considering a purchase of DreamWorks Animation SKG Inc (DWA) stock, but cautious about paying the going market price of $27.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $24 strike, which has a bid at the time of this writing of $1.40..