Commit To Buy Lands' End At $7.50, Earn 10% Annualized Using Options
November 08, 2017 at 11:43 AM EST
Investors eyeing a purchase of Lands' End Inc (LE) stock, but cautious about paying the going market price of $11.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2018 put at the $7.50 strike, which has a bid at the time of this writing of 45 cents..