Forbes -
9 Jul 2013 17:36

Investors eyeing a purchase of Orient Express Hotels Ltd. (NYSE: OEH) stock, but cautious about paying the going market price of $12.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $10 strike, which has a bid at the time of this writing of 40 cents. Collecting that bid as the premium represents a 4% return against the $10 commitment, or a 8.8% annualized rate of return...
Share this Article