Commit To Buy Flotek Industries At $2.50, Earn 39.5% Annualized Using Options
July 18, 2018 at 11:51 AM EDT
Investors considering a purchase of Flotek Industries Inc (FTK) stock, but cautious about paying the going market price of $2.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $2.50 strike, which has a bid at the time of this writing of 10 cents..