Commit To Purchase Hecla Mining At $4.50, Earn 14.2% Annualized Using Options
September 14, 2017 at 11:34 AM EDT
Investors eyeing a purchase of Hecla Mining Co (HL) stock, but cautious about paying the going market price of $5.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2018 put at the $4.50 strike, which has a bid at the time of this writing of 32 cents..