Investors considering a purchase of Lamar Advertising Co. (NASD: LAMR) shares, but cautious about paying the going market price of $43.74/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 $32 strike, which has a bid at the time of this writing of $2.35. Collecting that bid as the premium represents a 7.3% return against the $32 commitment, or a 4.8% annualized rate of r...
Investors considering a purchase of Lamar Advertising Co. (NASD: LAMR) shares, but cautious about paying the going market price of $43.74/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 $32 strike, which has a bid at the time of this writing of $2.35. Collecting that bid as the premium represents a 7.3% return against the $32 commitment, or a 4.8% annualized rate of r...
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