Commit To Purchase Kate Spade At $28, Earn 15.1% Annualized Using Options
December 30, 2014 at 13:55 PM EST
Investors eyeing a purchase of Kate Spade & Co (KATE) shares, but tentative about paying the going market price of $31.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $28 strike, which has a bid at the time of this writing of $1.25..
