Investors considering a purchase of Gannett Co (NYSE: GCI) shares, but tentative about paying the going market price of $21.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $15 strike, which has a bid at the time of this writing of $1.45. Collecting that bid as the premium represents a 9.7% return against the $15 commitment, or a 5.8% annualized rate of return (at S...
Investors considering a purchase of Gannett Co (NYSE: GCI) shares, but tentative about paying the going market price of $21.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $15 strike, which has a bid at the time of this writing of $1.45. Collecting that bid as the premium represents a 9.7% return against the $15 commitment, or a 5.8% annualized rate of return (at S...
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