Commit To Buy Kronos Worldwide At $5, Earn 33% Annualized Using Options
February 24, 2016 at 13:43 PM EST
Investors considering a purchase of Kronos Worldwide Inc (KRO) shares, but tentative about paying the going market price of $5.15/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 $5 strike, which has a bid at the time of this writing of 80 cents..