Agree To Buy Kansas City Southern At $45, Earn 4.1% Using Options
December 06, 2016 at 11:39 AM EST
Investors eyeing a purchase of Kansas City Southern (KSU) shares, but cautious about paying the going market price of $83.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $45 strike, which has a bid at the time of this writing of $1.85..