Commit To Buy Tuesday Morning At $12.50, Earn 9.4% Annualized Using Options
August 14, 2014 at 11:38 AM EDT
Investors eyeing a purchase of Tuesday Morning (TUES) stock, but cautious about paying the going market price of $17.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $12.50 strike, which has a bid at the time of this writing of 70 cents..