Forbes -
17 Jun 2013 17:43

Investors eyeing a purchase of Carrizo Oil & Gas, Inc. (NASD: CRZO) stock, but tentative about paying the going market price of $27.88/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 $20 strike, which has a bid at the time of this writing of $2.45. Collecting that bid as the premium represents a 12.2% return against the $20 commitment, or a 7.7% annualized rate of ret...
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