Commit To Purchase Duluth Holdings At $15, Earn 8.9% Annualized Using Options
April 11, 2018 at 11:53 AM EDT
Investors eyeing a purchase of Duluth Holdings Inc (DLTH) stock, but tentative about paying the going market price of $19.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $15 strike, which has a bid at the time of this writing of 80 cents..