Investors considering a purchase of Hess Corp (NYSE: HES) stock, but tentative about paying the going market price of $69.01/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 $52.50 strike, which has a bid at the time of this writing of $4.30. Collecting that bid as the premium represents a 8.2% return against the $52.50 commitment, or a 5% annualized rate of return (at...
Investors considering a purchase of Hess Corp (NYSE: HES) stock, but tentative about paying the going market price of $69.01/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 $52.50 strike, which has a bid at the time of this writing of $4.30. Collecting that bid as the premium represents a 8.2% return against the $52.50 commitment, or a 5% annualized rate of return (at...
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