Investors considering a purchase of Sprint Nextel Corp (NYSE: S) shares, but cautious about paying the going market price of $6.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2014 put at the $5.50 strike, which has a bid at the time of this writing of 4 cents. Collecting that bid as the premium represents a 0.7% return against the $5.50 commitment, or a 1.3% annualized rate of re...
Investors considering a purchase of Sprint Nextel Corp (NYSE: S) shares, but cautious about paying the going market price of $6.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2014 put at the $5.50 strike, which has a bid at the time of this writing of 4 cents. Collecting that bid as the premium represents a 0.7% return against the $5.50 commitment, or a 1.3% annualized rate of re...
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