Commit To Purchase Starwood Hotels & Resorts Worldwide At $52.50, Earn 8.8%

Investors eyeing a purchase of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) shares, but tentative about paying the going market price of $68.97/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 $52.50 strike, which has a bid at the time of this writing of $4.60. Collecting that bid as the premium represents a 8.8% return against the $52.50 commitment, or a 5.4% a...