Commit To Purchase Matador Resources At $17.50, Earn 9.3% Annualized Using Options
September 30, 2016 at 11:45 AM EDT
Investors eyeing a purchase of Matador Resources Co (MTDR) shares, but cautious about paying the going market price of $24.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $17.50 strike, which has a bid at the time of this writing of 75 cents..