Commit To Purchase Harvest Natural Resources At $1, Earn 30% Using Options
January 20, 2015 at 11:49 AM EST
Investors considering a purchase of Harvest Natural Resources Inc (HNR) stock, but cautious about paying the going market price of $1.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $1 strike, which has a bid at the time of this writing of 30 cents..