Commit To Purchase Lilis Energy At $4, Earn 11.8% Annualized Using Options
September 14, 2018 at 11:51 AM EDT
Investors considering a purchase of Lilis Energy Inc (LLEX) stock, but tentative about paying the going market price of $5.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $4 strike, which has a bid at the time of this writing of 20 cents..