Investors eyeing a purchase of PetroQuest Energy Inc (PQ) shares, but tentative about paying the going market price of $4.62/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2014 put at the $3 strike, which has a bid at the time of this writing of 15 cents. Collecting that bid as the premium represents a 5% return against the $3 commitment, or a 8.6% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase PetroQuest Energy At $3, Earn 8.6% Annualized
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