Commit To Buy MasterCraft Boat Holdings At $20, Earn 11.9% Annualized Using Options
February 15, 2024 at 14:52 PM EST
Investors eyeing a purchase of MasterCraft Boat Holdings Inc (MCFT) shares, but tentative about paying the going market price of $22.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $20 strike, which has a bid at the time of this writing of $1.60..