Commit To Purchase Mondelez International At $33, Earn 6.9% Using Options
April 22, 2016 at 11:40 AM EDT
Investors eyeing a purchase of Mondelez International Inc (MDLZ) stock, but tentative about paying the going market price of $41.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $33 strike, which has a bid at the time of this writing of $2.28..