Commit To Buy DreamWorks Animation SKG At $17, Earn 9.2% Annualized Using Options
August 10, 2015 at 11:33 AM EDT
Investors considering a purchase of DreamWorks Animation SKG Inc (DWA) shares, but cautious about paying the going market price of $20.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $17 strike, which has a bid at the time of this writing of 95 cents..