Commit To Buy Malibu Boats At $25, Earn 6.7% Annualized Using Options
April 11, 2018 at 11:54 AM EDT
Investors eyeing a purchase of Malibu Boats Inc (MBUU) shares, but cautious about paying the going market price of $34.36/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 $25 strike, which has a bid at the time of this writing of $1.00..