Investors considering a purchase of Santarus Inc (NASD: SNTS) stock, but cautious about paying the going market price of $21.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $17.50 strike, which has a bid at the time of this writing of $1.35. Collecting that bid as the premium represents a 7.7% return against the $17.50 commitment, or a 17.8% annualized rate of return (...
Investors considering a purchase of Santarus Inc (NASD: SNTS) stock, but cautious about paying the going market price of $21.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $17.50 strike, which has a bid at the time of this writing of $1.35. Collecting that bid as the premium represents a 7.7% return against the $17.50 commitment, or a 17.8% annualized rate of return (...
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