Commit To Buy Natural Gas Services Group At $12.50, Earn 6.1% Annualized Using Options
May 03, 2019 at 11:49 AM EDT
Investors considering a purchase of Natural Gas Services Group Inc (NGS) shares, but tentative about paying the going market price of $16.46/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $12.50 strike, which has a bid at the time of this writing of 35 cents..