Commit To Purchase Mattress Firm Holding Corp At $50, Earn 8.7% Annualized Using Options
October 01, 2014 at 11:29 AM EDT
Investors considering a purchase of Mattress Firm Holding Corp (MFRM) shares, but cautious about paying the going market price of $59.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $50 strike, which has a bid at the time of this writing of $2.35..