Commit To Purchase Approach Resources At $1, Earn 125.9% Annualized Using Options
January 17, 2019 at 11:53 AM EST
Investors considering a purchase of Approach Resources Inc (AREX) stock, but cautious about paying the going market price of $1.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February put at the $1 strike, which has a bid at the time of this writing of 10 cents..