Commit To Buy Kirkland's At $7.50, Earn 9.3% Annualized Using Options
January 16, 2019 at 11:50 AM EST
Investors eyeing a purchase of Kirkland's Inc (KIRK) shares, but tentative about paying the going market price of $10.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $7.50 strike, which has a bid at the time of this writing of 35 cents..