Commit To Buy MasterCraft Boat Holdings At $15, Earn 12.5% Annualized Using Options
February 25, 2020 at 11:56 AM EST
Investors eyeing a purchase of MasterCraft Boat Holdings Inc (MCFT) stock, but cautious about paying the going market price of $18.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $15 strike, which has a bid at the time of this writing of $1.20..