Commit To Buy TransAtlantic Petroleum At $5, Earn 10.2% Annualized Using Options
May 18, 2015 at 11:37 AM EDT
Investors eyeing a purchase of TransAtlantic Petroleum Ltd (TAT) shares, but tentative about paying the going market price of $5.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $5 strike, which has a bid at the time of this writing of 30 cents..