Investors eyeing a purchase of Southern Copper Corp (NYSE: SCCO) stock, but tentative about paying the going market price of $27.31/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 $15 strike, which has a bid at the time of this writing of 80 cents. Collecting that bid as the premium represents a 5.3% return against the $15 commitment, or a 3.5% annualized rate of retu...
Investors eyeing a purchase of Southern Copper Corp (NYSE: SCCO) stock, but tentative about paying the going market price of $27.31/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 $15 strike, which has a bid at the time of this writing of 80 cents. Collecting that bid as the premium represents a 5.3% return against the $15 commitment, or a 3.5% annualized rate of retu...
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