Commit To Buy MasterCard At $76, Earn 3.7% Annualized Using Options
April 23, 2015 at 11:55 AM EDT
Investors considering a purchase of MasterCard Inc (MA) stock, but tentative about paying the going market price of $90.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $76 strike, which has a bid at the time of this writing of $2.07..