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Commit To Purchase Caleres At $15, Earn 11% Using Options

Investors eyeing a purchase of Caleres Inc (CAL) stock, but tentative about paying the going market price of $22.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $15 strike, which has a bid at the time of this writing of $1.65..
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