Commit To Buy C&J Energy Services At $8, Earn 11.9% Using Options
April 23, 2015 at 11:44 AM EDT
Investors considering a purchase of C&J Energy Services Ltd (CJES) stock, but tentative about paying the going market price of $14.19/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 $8 strike, which has a bid at the time of this writing of 95 cents..