Commit To Purchase Duluth Holdings At $20, Earn 9.2% Annualized Using Options
July 12, 2018 at 11:52 AM EDT
Investors eyeing a purchase of Duluth Holdings Inc (DLTH) shares, but tentative about paying the going market price of $24.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $20 strike, which has a bid at the time of this writing of $1.10..