Commit To Purchase Halcon Resources Corp At $5, Earn 14% Annualized Using Options
October 19, 2017 at 11:29 AM EDT
Investors considering a purchase of Halcon Resources Corp (HK) shares, but tentative about paying the going market price of $6.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2018 put at the $5 strike, which has a bid at the time of this writing of 35 cents..