Commit To Purchase Willbros Group At $2.50, Earn 37.4% Annualized Using Options
July 13, 2016 at 11:40 AM EDT
Investors considering a purchase of Willbros Group Inc (WG) stock, but cautious about paying the going market price of $2.61/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 $2.50 strike, which has a bid at the time of this writing of 40 cents..