How to Use Options Call Spreads to Trade Legg Mason

NEW YORK (TheStreet) --  Legg Mason   has been quietly managing other peoples' money for 116 years.  The Baltimore asset management company currently trades with a trailing price to earnings ratio of 27 times but its forward PE ratio (based on LM analysts' earnings projections) is only 14 times. So there is excellent LM earnings growth seen in the coming quarters. LM has a modest stock float of only 85 million shares. It has a strong balance sheet to go along with those potentially nicely ...