Commit To Purchase Kirkland's At $7.50, Earn 13.7% Annualized Using Options
May 31, 2017 at 11:43 AM EDT
Investors eyeing a purchase of Kirkland's Inc (KIRK) shares, but cautious about paying the going market price of $8.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..