Commit To Purchase Key Energy Services At $12.50, Earn 25.6% Annualized Using Options
February 16, 2018 at 11:57 AM EST
Investors eyeing a purchase of Key Energy Services Inc (KEG) stock, but tentative about paying the going market price of $12.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $12.50 strike, which has a bid at the time of this writing of $1.35..