Commit To Purchase Plug Power At $2, Earn 14.6% Annualized Using Options
October 17, 2017 at 11:32 AM EDT
Investors considering a purchase of Plug Power Inc (PLUG) shares, but tentative about paying the going market price of $2.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2018 put at the $2 strike, which has a bid at the time of this writing of 12 cents..