VAALCO Energy, Inc. (NYSE:EGY)

CAPS Rating: 5 out of 5

An independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.

Recs

0
Player Avatar TrackMagicFormul (84.73) Submitted: 2/20/2013 1:25:38 PM : Outperform Start Price: $8.45 EGY Score: -19.51

Investors should consider selling puts. You can achieve some very high annualized returns at strikes significantly below the current price. e.g.

July 13 $7.50 strike at 70¢ has 18% discount and 22% annualized return.

Member Avatar TrackMagicFormul (84.73) Submitted: 7/19/2013 7:19:47 PM
Recs: 0

The first put that lost money! Stock closed at $6.20, below the $6.80 break even, a loss of 9%, or 20% annualized.

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