Commit To Purchase Kirkland's At $10, Earn 12.2% Annualized Using Options
November 07, 2016 at 11:34 AM EST
Investors eyeing a purchase of Kirkland's Inc (KIRK) shares, but tentative about paying the going market price of $12.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2017 put at the $10 strike, which has a bid at the time of this writing of 55 cents..