Commit To Purchase Halcon Resources Corp At $5, Earn 11.3% Annualized Using Options
February 09, 2018 at 11:56 AM EST
Investors eyeing a purchase of Halcon Resources Corp (HK) stock, but cautious about paying the going market price of $6.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $5 strike, which has a bid at the time of this writing of 25 cents..