Commit To Purchase Key Energy Services At $15, Earn 18.4% Annualized Using Options
July 17, 2018 at 11:47 AM EDT
Investors eyeing a purchase of Key Energy Services Inc (KEG) shares, but tentative about paying the going market price of $16.57/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 $15 strike, which has a bid at the time of this writing of $1.40..