Commit To Buy Geospace Technologies Corp At $12.50, Earn 13.9% Annualized Using Options
January 23, 2018 at 11:43 AM EST
Investors eyeing a purchase of Geospace Technologies Corp (GEOS) shares, but cautious about paying the going market price of $14.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $12.50 strike, which has a bid at the time of this writing of $1.15..