Commit To Buy Knoll At $17.50, Earn 5.7% Annualized Using Options
October 19, 2018 at 13:07 PM EDT
Investors eyeing a purchase of Knoll Inc (KNL) shares, but cautious about paying the going market price of $21.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $17.50 strike, which has a bid at the time of this writing of 40 cents..