Investors considering a purchase of Ensco plc (NYSE: ESV) stock, but tentative about paying the going market price of $59.95/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 $45 strike, which has a bid at the time of this writing of $3.70. Collecting that bid as the premium represents a 8.2% return against the $45 commitment, or a 5.1% annualized rate of return (at Sto...
Investors considering a purchase of Ensco plc (NYSE: ESV) stock, but tentative about paying the going market price of $59.95/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 $45 strike, which has a bid at the time of this writing of $3.70. Collecting that bid as the premium represents a 8.2% return against the $45 commitment, or a 5.1% annualized rate of return (at Sto...
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