Investors eyeing a purchase of Halliburton Company (NYSE: HAL) stock, but cautious about paying the going market price of $41.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $28 strike, which has a bid at the time of this writing of $1.76. Collecting that bid as the premium represents a 6.3% return against the $28 commitment, or a 3.9% annualized rate of return (at...
Investors eyeing a purchase of Halliburton Company (NYSE: HAL) stock, but cautious about paying the going market price of $41.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $28 strike, which has a bid at the time of this writing of $1.76. Collecting that bid as the premium represents a 6.3% return against the $28 commitment, or a 3.9% annualized rate of return (at...
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