Commit To Buy Matson At $22.50, Earn 10.5% Annualized Using Options
April 12, 2018 at 11:53 AM EDT
Investors eyeing a purchase of Matson Inc (MATX) shares, but tentative about paying the going market price of $28.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $22.50 strike, which has a bid at the time of this writing of $1.05..