Commit To Buy Kate Spade At $18, Earn 8.1% Using Options
September 26, 2014 at 11:34 AM EDT
Investors eyeing a purchase of Kate Spade & Co (KATE) stock, but cautious about paying the going market price of $27.95/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 $18 strike, which has a bid at the time of this writing of $1.45..
