Commit To Purchase GasLog At $7.50, Earn 9.4% Annualized Using Options
October 27, 2015 at 11:43 AM EDT
Investors considering a purchase of GasLog Ltd (GLOG) stock, but tentative about paying the going market price of $9.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2016 put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..