Commit To Buy Willbros Group At $2.50, Earn 31.7% Annualized Using Options
March 18, 2015 at 11:34 AM EDT
Investors eyeing a purchase of Willbros Group Inc (WG) stock, but cautious about paying the going market price of $2.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $2.50 strike, which has a bid at the time of this writing of 40 cents..