Commit To Buy Clean Energy Fuels Corp At $2, Earn 7.9% Annualized Using Options
July 28, 2017 at 11:37 AM EDT
Investors considering a purchase of Clean Energy Fuels Corp (CLNE) stock, but cautious about paying the going market price of $2.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2018 put at the $2 strike, which has a bid at the time of this writing of 10 cents..