Investors considering a purchase of Conns Inc (CONN) shares, but tentative about paying the going market price of $45.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $35 strike, which has a bid at the time of this writing of $6.00. Collecting that bid as the premium represents a 17.1% return against the $35 commitment, or a 10% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Conns At $35, Earn 17.1% Using Options
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