Agree To Purchase Halliburton Company At $32.50, Earn 5.7% Using Options

Investors considering a purchase of Halliburton Company (HAL) stock, but cautious about paying the going market price of $41.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $32.50 strike, which has a bid at the time of this writing of $1.84..