Commit To Buy Clean Energy Fuels Corp At $5, Earn 6% Using Options
August 07, 2014 at 11:29 AM EDT
Investors considering a purchase of Clean Energy Fuels Corp (CLNE) shares, but tentative about paying the going market price of $9.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $5 strike, which has a bid at the time of this writing of 30 cents..