Commit To Buy Weatherford International At $3, Earn 13.7% Using Options
February 23, 2017 at 11:51 AM EST
Investors considering a purchase of Weatherford International plc (WFT) stock, but cautious about paying the going market price of $5.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $3 strike, which has a bid at the time of this writing of 41 cents..