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Commit To Buy Seritage Growth Properties At $30, Earn 19.2% Annualized Using Options

Investors eyeing a purchase of Seritage Growth Properties (SRG) stock, but tentative about paying the going market price of $39.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March put at the $30 strike, which has a bid at the time of this writing of 60 cents..
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