Commit To Purchase Malibu Boats At $35, Earn 9.9% Annualized Using Options
October 22, 2018 at 11:51 AM EDT
Investors eyeing a purchase of Malibu Boats Inc (MBUU) shares, but cautious about paying the going market price of $44.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $35 strike, which has a bid at the time of this writing of $1.10..