Forbes -
5 Jun 2013 19:40

Investors eyeing a purchase of Range Resources Corp (NYSE: RRC) shares, but tentative about paying the going market price of $73.48/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 $57.50 strike, which has a bid at the time of this writing of $5.00. Collecting that bid as the premium represents a 8.7% return against the $57.50 commitment, or a 5.4% annualized rate of r...
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