Investors eyeing a purchase of O'Reilly Automotive, Inc. (NASD: ORLY) shares, but tentative about paying the going market price of $111.16/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 $85 strike, which has a bid at the time of this writing of $3.20. Collecting that bid as the premium represents a 3.8% return against the $85 commitment, or a 2.4% annualized rate of ...
Investors eyeing a purchase of O'Reilly Automotive, Inc. (NASD: ORLY) shares, but tentative about paying the going market price of $111.16/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 $85 strike, which has a bid at the time of this writing of $3.20. Collecting that bid as the premium represents a 3.8% return against the $85 commitment, or a 2.4% annualized rate of ...
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