Commit To Buy Monster Beverage At $115, Earn 4.2% Using Options
July 22, 2016 at 11:44 AM EDT
Investors eyeing a purchase of Monster Beverage Corp (MNST) shares, but tentative about paying the going market price of $159.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $115 strike, which has a bid at the time of this writing of $4.80..