Commit To Buy Matador Resources At $22.50, Earn 14.6% Annualized Using Options

Investors eyeing a purchase of Matador Resources Co (MTDR) shares, but tentative about paying the going market price of $26.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $22.50 strike, which has a bid at the time of this writing of $1.85..