Investors considering a purchase of Live Nation Entertainment, Inc. (NYSE: LYV) stock, but cautious about paying the going market price of $13.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $10 strike, which has a bid at the time of this writing of 55 cents. Collecting that bid as the premium represents a 5.5% return against the $10 commitment, or a 15.4% annualized ra...
Investors considering a purchase of Live Nation Entertainment, Inc. (NYSE: LYV) stock, but cautious about paying the going market price of $13.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $10 strike, which has a bid at the time of this writing of 55 cents. Collecting that bid as the premium represents a 5.5% return against the $10 commitment, or a 15.4% annualized ra...
Share this Article
Recommended