Investors eyeing a purchase of Texas Capital Bancshares Inc (NASD: TCBI) stock, but cautious about paying the going market price of $46.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2014 put at the $40 strike, which has a bid at the time of this writing of $1.20. Collecting that bid as the premium represents a 3% return against the $40 commitment, or a 4.8% annualized rate of retu...
Investors eyeing a purchase of Texas Capital Bancshares Inc (NASD: TCBI) stock, but cautious about paying the going market price of $46.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2014 put at the $40 strike, which has a bid at the time of this writing of $1.20. Collecting that bid as the premium represents a 3% return against the $40 commitment, or a 4.8% annualized rate of retu...
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