Investors eyeing a purchase of Goodyear Tire & Rubber Co. (NASD: GT) shares, but tentative about paying the going market price of $14.49/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 $10 strike, which has a bid at the time of this writing of 85 cents. Collecting that bid as the premium represents a 8.5% return against the $10 commitment, or a 5.1% annualized rate of...
Investors eyeing a purchase of Goodyear Tire & Rubber Co. (NASD: GT) shares, but tentative about paying the going market price of $14.49/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 $10 strike, which has a bid at the time of this writing of 85 cents. Collecting that bid as the premium represents a 8.5% return against the $10 commitment, or a 5.1% annualized rate of...
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