Investors eyeing a purchase of Genworth Financial, Inc. (NYSE: GNW) stock, but cautious about paying the going market price of $10.77/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 $7 strike, which has a bid at the time of this writing of 80 cents. Collecting that bid as the premium represents a 11.4% return against the $7 commitment, or a 6.9% annualized rate of ret...
Investors eyeing a purchase of Genworth Financial, Inc. (NYSE: GNW) stock, but cautious about paying the going market price of $10.77/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 $7 strike, which has a bid at the time of this writing of 80 cents. Collecting that bid as the premium represents a 11.4% return against the $7 commitment, or a 6.9% annualized rate of ret...
Share this Article
Recommended