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Kevin Kelly's Kimco Realty Corp Trade

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Kevin Kelly of Benchmark Investments suggested on Bloomberg Markets that investors should consider an options strategy in Kimco Realty Corp (NYSE: KIM).

He wants to buy the stock and collect a dividend of 1.66 percent at the end of December. Additionally, he wants to sell the January 17.5 call for $0.20, which is 1.2 percent of the current stock price. If the stock trades higher, he can participate in the move until $17.50.

Posted-In: Bloomberg Markets Kevin KellyOptions Markets Media

 

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