Commit To Buy Malibu Boats At $15, Earn 19.3% Annualized Using Options
October 16, 2015 at 11:39 AM EDT
Investors considering a purchase of Malibu Boats Inc (MBUU) shares, but cautious about paying the going market price of $15.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2016 put at the $15 strike, which has a bid at the time of this writing of $1.00..