Commit To Purchase Duluth Holdings At $20, Earn 11.7% Annualized Using Options
January 09, 2019 at 11:51 AM EST
Investors eyeing a purchase of Duluth Holdings Inc (DLTH) stock, but tentative about paying the going market price of $25.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $20 strike, which has a bid at the time of this writing of $1.40..