Commit To Buy Natural Gas Services Group At $17.50, Earn 15.9% Annualized Using Options
February 10, 2015 at 11:37 AM EST
Investors considering a purchase of Natural Gas Services Group Inc (NGS) shares, but tentative about paying the going market price of $19.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $17.50 strike, which has a bid at the time of this writing of $1.20..