Investors eyeing a purchase of LyondellBasell Industries NV (NYSE: LYB) shares, but tentative about paying the going market price of $65.98/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 $50 strike, which has a bid at the time of this writing of $5.20. Collecting that bid as the premium represents a 10.4% return against the $50 commitment, or a 6.3% annualized rate o...
Investors eyeing a purchase of LyondellBasell Industries NV (NYSE: LYB) shares, but tentative about paying the going market price of $65.98/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 $50 strike, which has a bid at the time of this writing of $5.20. Collecting that bid as the premium represents a 10.4% return against the $50 commitment, or a 6.3% annualized rate o...
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