Commit To Purchase W & T Offshore At $5, Earn 46.2% Annualized Using Options
January 20, 2015 at 11:49 AM EST
Investors considering a purchase of W & T Offshore Inc (WTI) stock, but cautious about paying the going market price of $5.42/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $5 strike, which has a bid at the time of this writing of 55 cents..