Investors eyeing a purchase of Corning, Inc. (NYSE: GLW) stock, but cautious about paying the going market price of $14.88/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 57 cents. Collecting that bid as the premium represents a 5.7% return against the $10 commitment, or a 3.5% annualized rate of return (at St...
Investors eyeing a purchase of Corning, Inc. (NYSE: GLW) stock, but cautious about paying the going market price of $14.88/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 57 cents. Collecting that bid as the premium represents a 5.7% return against the $10 commitment, or a 3.5% annualized rate of return (at St...
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