Investors eyeing a purchase of Deere & Co. (NYSE: DE) stock, but tentative about paying the going market price of $85.17/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 $70 strike, which has a bid at the time of this writing of $5.80. Collecting that bid as the premium represents a 8.3% return against the $70 commitment, or a 5.2% annualized rate of return (at Stock O...
Investors eyeing a purchase of Deere & Co. (NYSE: DE) stock, but tentative about paying the going market price of $85.17/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 $70 strike, which has a bid at the time of this writing of $5.80. Collecting that bid as the premium represents a 8.3% return against the $70 commitment, or a 5.2% annualized rate of return (at Stock O...
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