Commit To Buy Halliburton Company At $30, Earn 6.6% Using Options
May 26, 2016 at 11:44 AM EDT
Investors considering a purchase of Halliburton Company (HAL) shares, but cautious about paying the going market price of $42.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $30 strike, which has a bid at the time of this writing of $1.97..