Investors eyeing a purchase of Intuit Inc (NASD: INTU) stock, but cautious about paying the going market price of $58.31/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 $45 strike, which has a bid at the time of this writing of $2.65. Collecting that bid as the premium represents a 5.9% return against the $45 commitment, or a 3.7% annualized rate of return (at Stock O...
Investors eyeing a purchase of Intuit Inc (NASD: INTU) stock, but cautious about paying the going market price of $58.31/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 $45 strike, which has a bid at the time of this writing of $2.65. Collecting that bid as the premium represents a 5.9% return against the $45 commitment, or a 3.7% annualized rate of return (at Stock O...
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