Commit To Purchase QEP Resources At $8, Earn 8.8% Using Options
September 22, 2015 at 11:38 AM EDT
Investors considering a purchase of QEP Resources Inc (QEP) stock, but cautious about paying the going market price of $12.98/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 $8 strike, which has a bid at the time of this writing of 70 cents..