Commit To Buy MarineMax At $15, Earn 13.8% Annualized Using Options
June 23, 2016 at 11:52 AM EDT
Investors eyeing a purchase of MarineMax Inc (HZO) stock, but cautious about paying the going market price of $17.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $15 strike, which has a bid at the time of this writing of $1.20..