Investors considering a purchase of Office Depot, Inc. (NYSE: ODP) stock, but cautious about paying the going market price of $4.17/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 $3 strike, which has a bid at the time of this writing of 35 cents. Collecting that bid as the premium represents a 11.7% return against the $3 commitment, or a 7.4% annualized rate of retur...
Investors considering a purchase of Office Depot, Inc. (NYSE: ODP) stock, but cautious about paying the going market price of $4.17/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 $3 strike, which has a bid at the time of this writing of 35 cents. Collecting that bid as the premium represents a 11.7% return against the $3 commitment, or a 7.4% annualized rate of retur...
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