Commit To Buy MasterCraft Boat Holdings At $20, Earn 15% Annualized Using Options
January 30, 2019 at 12:02 PM EST
Investors considering a purchase of MasterCraft Boat Holdings Inc (MCFT) shares, but tentative about paying the going market price of $21.46/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $20 strike, which has a bid at the time of this writing of $1.40..