Commit To Purchase Plug Power At $2, Earn 25% Using Options
November 25, 2014 at 12:00 PM EST
Investors considering a purchase of Plug Power Inc (PLUG) stock, but tentative about paying the going market price of $3.99/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $2 strike, which has a bid at the time of this writing of 50 cents..