Commit To Purchase Resolute Energy Corp At $25, Earn 17.2% Using Options
March 15, 2018 at 12:05 PM EDT
Investors eyeing a purchase of Resolute Energy Corp (REN) shares, but tentative about paying the going market price of $37.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $25 strike, which has a bid at the time of this writing of $4.30..