Commit To Purchase Kirkland's At $12.50, Earn 13.3% Annualized Using Options
August 08, 2016 at 11:41 AM EDT
Investors considering a purchase of Kirkland's Inc (KIRK) stock, but tentative about paying the going market price of $15.71/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $12.50 strike, which has a bid at the time of this writing of 75 cents..