Commit To Buy Forum Energy Technologies At $7.50, Earn 7.9% Annualized Using Options
August 18, 2017 at 11:43 AM EDT
Investors eyeing a purchase of Forum Energy Technologies Inc (FET) shares, but tentative about paying the going market price of $10.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $7.50 strike, which has a bid at the time of this writing of 25 cents..