Commit To Buy Northern Oil & Gas At $3, Earn 29% Annualized Using Options
January 20, 2017 at 13:09 PM EST
Investors considering a purchase of Northern Oil & Gas Inc (NOG) shares, but tentative about paying the going market price of $3.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $3 strike, which has a bid at the time of this writing of 35 cents..