Commit To Purchase KapStone Paper & Packaging Corp At $30, Earn 18.3% Annualized Using Options
October 15, 2018 at 11:56 AM EDT
Investors eyeing a purchase of KapStone Paper & Packaging Corp (KS) stock, but tentative about paying the going market price of $32.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $30 strike, which has a bid at the time of this writing of $1.85..