Commit To Purchase Multi-Fineline Electronix At $12.50, Earn 7.5% Annualized Using Options
May 13, 2016 at 11:38 AM EDT
Investors eyeing a purchase of Multi-Fineline Electronix Inc (MFLX) stock, but tentative about paying the going market price of $21.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $12.50 strike, which has a bid at the time of this writing of 25 cents..