Commit To Buy Manitex International At $10, Earn 11.6% Annualized Using Options
November 26, 2014 at 11:38 AM EST
Investors eyeing a purchase of Manitex International Inc (MNTX) shares, but cautious about paying the going market price of $11.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2015 put at the $10 strike, which has a bid at the time of this writing of 65 cents..