Commit To Buy National Oilwell Varco At $36, Earn 29.6% Annualized Using Options
March 08, 2018 at 11:47 AM EST
Investors eyeing a purchase of National Oilwell Varco Inc (NOV) shares, but cautious about paying the going market price of $36.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $36 strike, which has a bid at the time of this writing of $1.46..