Commit To Purchase Forum Energy Technologies At $15, Earn 7.7% Annualized Using Options
July 10, 2015 at 11:42 AM EDT
Investors eyeing a purchase of Forum Energy Technologies Inc (FET) shares, but cautious about paying the going market price of $18.43/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $15 strike, which has a bid at the time of this writing of 60 cents..