Investors eyeing a purchase of Dick's Sporting Goods, Inc (NYSE: DKS) stock, but cautious about paying the going market price of $48.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $33 strike, which has a bid at the time of this writing of $2.00. Collecting that bid as the premium represents a 6.1% return against the $33 commitment, or a 2.9% annualized rate of ret...
Investors eyeing a purchase of Dick's Sporting Goods, Inc (NYSE: DKS) stock, but cautious about paying the going market price of $48.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $33 strike, which has a bid at the time of this writing of $2.00. Collecting that bid as the premium represents a 6.1% return against the $33 commitment, or a 2.9% annualized rate of ret...
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