Commit To Purchase Parsley Energy At $12.50, Earn 9.9% Annualized Using Options
May 11, 2015 at 11:31 AM EDT
Investors considering a purchase of Parsley Energy Inc (PE) stock, but tentative about paying the going market price of $16.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $12.50 strike, which has a bid at the time of this writing of 75 cents..