Commit To Purchase Parsley Energy At $22.50, Earn 9.3% Annualized Using Options
June 15, 2017 at 12:07 PM EDT
Investors considering a purchase of Parsley Energy Inc (PE) shares, but tentative about paying the going market price of $27.01/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 $22.50 strike, which has a bid at the time of this writing of $1.05..