Commit To Purchase Golar LNG At $10, Earn 19.5% Using Options
May 26, 2016 at 11:48 AM EDT
Investors eyeing a purchase of Golar LNG Ltd (GLNG) stock, but tentative about paying the going market price of $17.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $10 strike, which has a bid at the time of this writing of $1.95..