Commit To Buy Geospace Technologies Corp At $12.50, Earn 13.2% Annualized Using Options
April 28, 2016 at 11:42 AM EDT
Investors considering a purchase of Geospace Technologies Corp (GEOS) shares, but tentative about paying the going market price of $16.27/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 $12.50 strike, which has a bid at the time of this writing of $1.05..