Commit To Purchase Archrock At $10, Earn 13% Annualized Using Options
December 02, 2016 at 11:48 AM EST
Investors considering a purchase of Archrock Inc (AROC) stock, but cautious about paying the going market price of $13.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $10 strike, which has a bid at the time of this writing of 60 cents..