Commit To Purchase Kronos Worldwide At $7.50, Earn 13.9% Annualized Using Options
November 08, 2016 at 11:44 AM EST
Investors considering a purchase of Kronos Worldwide Inc (KRO) shares, but tentative about paying the going market price of $9.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $7.50 strike, which has a bid at the time of this writing of 55 cents..