Commit To Buy SandRidge Energy At $10, Earn 12.4% Annualized Using Options
October 08, 2018 at 11:07 AM EDT
Investors considering a purchase of SandRidge Energy Inc (SD) shares, but tentative about paying the going market price of $11.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2019 put at the $10 strike, which has a bid at the time of this writing of 65 cents..