Commit To Buy MediaAlpha At $15, Earn 12.5% Annualized Using Options
April 15, 2024 at 12:08 PM EDT
Investors considering a purchase of MediaAlpha Inc (MAX) stock, but tentative about paying the going market price of $19.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $15 strike, which has a bid at the time of this writing of $1.10..