Commit To Purchase Northern Oil & Gas At $2, Earn 10.8% Annualized Using Options
July 05, 2018 at 11:52 AM EDT
Investors eyeing a purchase of Northern Oil & Gas Inc (NOG) stock, but tentative about paying the going market price of $3.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $2 strike, which has a bid at the time of this writing of 10 cents..