Commit To Buy Marine Products Corp At $17.50, Earn 18.7% Annualized Using Options
December 10, 2018 at 11:18 AM EST
Investors eyeing a purchase of Marine Products Corp (MPX) shares, but tentative about paying the going market price of $18.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $17.50 strike, which has a bid at the time of this writing of 85 cents..