Commit To Purchase Rice Energy At $15, Earn 9.2% Annualized Using Options
February 24, 2017 at 11:40 AM EST
Investors eyeing a purchase of Rice Energy Inc (RICE) stock, but tentative about paying the going market price of $19.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $15 strike, which has a bid at the time of this writing of 90 cents..