Commit To Buy GasLog At $12.50, Earn 11.9% Annualized Using Options
July 28, 2015 at 11:36 AM EDT
Investors considering a purchase of GasLog Ltd (GLOG) stock, but tentative about paying the going market price of $15.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $12.50 strike, which has a bid at the time of this writing of 70 cents..