Commit To Purchase Excel Trust At $10, Earn 1.5% Annualized

Investors considering a purchase of Excel Trust Inc. (NYSE: EXL) stock, but cautious about paying the going market price of $12.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2014 put at the $10 strike, which has a bid at the time of this writing of 10 cents. Collecting that bid as the premium represents a 1% return against the $10 commitment, or a 1.5% annualized rate of return (a...