Commit To Buy Frontline At $2.50, Earn 28.9% Annualized Using Options
July 22, 2015 at 11:33 AM EDT
Investors considering a purchase of Frontline Ltd (FRO) shares, but tentative about paying the going market price of $3.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $2.50 strike, which has a bid at the time of this writing of 35 cents..