Commit To Purchase Harvest Natural Resources At $4, Earn 22.1% Annualized Using Options
August 05, 2014 at 11:32 AM EDT
Investors eyeing a purchase of Harvest Natural Resources Inc (HNR) stock, but cautious about paying the going market price of $4.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $4 strike, which has a bid at the time of this writing of 55 cents..