Investors considering a purchase of Constellation Brands (NYSE: STZ) shares, but cautious about paying the going market price of $58.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $47.50 strike, which has a bid at the time of this writing of $2.95. Collecting that bid as the premium represents a 6.2% return against the $47.50 commitment, or a 4.6% annualized rate ...
Investors considering a purchase of Constellation Brands (NYSE: STZ) shares, but cautious about paying the going market price of $58.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $47.50 strike, which has a bid at the time of this writing of $2.95. Collecting that bid as the premium represents a 6.2% return against the $47.50 commitment, or a 4.6% annualized rate ...
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