Commit To Buy TransAtlantic Petroleum At $5, Earn 11.6% Annualized Using Options
October 14, 2014 at 11:26 AM EDT
Investors eyeing a purchase of TransAtlantic Petroleum Ltd (TAT) stock, but cautious about paying the going market price of $7.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $5 strike, which has a bid at the time of this writing of 25 cents..