Commit To Buy Matador Resources At $15, Earn 9% Using Options
April 06, 2017 at 12:28 PM EDT
Investors eyeing a purchase of Matador Resources Co (MTDR) stock, but cautious about paying the going market price of $24.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $15 strike, which has a bid at the time of this writing of $1.35..