Commit To Buy Marcus & Millichap At $17.50, Earn 28.2% Annualized Using Options
February 10, 2016 at 11:48 AM EST
Investors considering a purchase of Marcus & Millichap Inc (MMI) shares, but cautious about paying the going market price of $20.61/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $17.50 strike, which has a bid at the time of this writing of $1.35..