Agree To Buy Mattel At $25, Earn 5.2% Using Options
August 26, 2016 at 11:46 AM EDT
Investors eyeing a purchase of Mattel Inc (MAT) shares, but cautious about paying the going market price of $33.90/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 $25 strike, which has a bid at the time of this writing of $1.30..