Commit To Buy Motorcar Parts of America At $17.50, Earn 9% Annualized Using Options
February 12, 2018 at 11:45 AM EST
Investors considering a purchase of Motorcar Parts of America Inc (MPAA) stock, but tentative about paying the going market price of $21.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $17.50 strike, which has a bid at the time of this writing of 95 cents..