Commit To Buy Kosmos Energy At $5, Earn 14.9% Annualized Using Options
April 06, 2018 at 12:01 PM EDT
Investors eyeing a purchase of Kosmos Energy Ltd (KOS) stock, but cautious about paying the going market price of $6.12/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 $5 strike, which has a bid at the time of this writing of 40 cents..