Investors eyeing a purchase of Prosperity Bancshares Inc. (NYSE: PB) shares, but tentative about paying the going market price of $61.08/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 $60 strike, which has a bid at the time of this writing of $3.00. Collecting that bid as the premium represents a 5% return against the $60 commitment, or a 8.6% annualized rate of return...
Investors eyeing a purchase of Prosperity Bancshares Inc. (NYSE: PB) shares, but tentative about paying the going market price of $61.08/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 $60 strike, which has a bid at the time of this writing of $3.00. Collecting that bid as the premium represents a 5% return against the $60 commitment, or a 8.6% annualized rate of return...
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