Commit To Buy Willbros Group At $2.50, Earn 16.7% Annualized Using Options
December 23, 2016 at 11:47 AM EST
Investors considering a purchase of Willbros Group Inc (WG) shares, but cautious about paying the going market price of $3.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $2.50 strike, which has a bid at the time of this writing of 20 cents..