Investors considering a purchase of Lowe's Companies Inc (NYSE: LOW) shares, but tentative about paying the going market price of $41.00/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 $27 strike, which has a bid at the time of this writing of $1.47. Collecting that bid as the premium represents a 5.4% return against the $27 commitment, or a 3.4% annualized rate of re...
Investors considering a purchase of Lowe's Companies Inc (NYSE: LOW) shares, but tentative about paying the going market price of $41.00/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 $27 strike, which has a bid at the time of this writing of $1.47. Collecting that bid as the premium represents a 5.4% return against the $27 commitment, or a 3.4% annualized rate of re...
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