Commit To Buy Forum Energy Technologies At $17.50, Earn 8.7% Annualized Using Options
April 11, 2017 at 11:44 AM EDT
Investors eyeing a purchase of Forum Energy Technologies Inc (FET) shares, but cautious about paying the going market price of $21.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $17.50 strike, which has a bid at the time of this writing of 80 cents..