Commit To Buy Lilis Energy At $1, Earn 32.1% Annualized Using Options
April 02, 2019 at 11:46 AM EDT
Investors considering a purchase of Lilis Energy Inc (LLEX) shares, but tentative about paying the going market price of $1.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $1 strike, which has a bid at the time of this writing of 20 cents..