Forbes -
23 Jul 2013 17:38

Investors eyeing a purchase of Hain Celestial Group Inc (NASD: HAIN) shares, but cautious about paying the going market price of $73.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2014 put at the $65 strike, which has a bid at the time of this writing of $3.30. Collecting that bid as the premium represents a 5.1% return against the $65 commitment, or a 8.7% annualized rate of re...
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