Commit To Purchase Harvest Natural Resources At $0.50, Earn 20% Using Options
April 22, 2015 at 11:50 AM EDT
Investors eyeing a purchase of Harvest Natural Resources Inc (HNR) stock, but cautious about paying the going market price of $0.6741/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 $0.50 strike, which has a bid at the time of this writing of 10 cents..