Commit To Purchase Sears Holdings Corp At $3, Earn 22.3% Using Options
September 26, 2016 at 11:43 AM EDT
Investors considering a purchase of Sears Holdings Corp (SHLD) stock, but tentative about paying the going market price of $11.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2018 put at the $3 strike, which has a bid at the time of this writing of 67 cents..