Commit To Purchase Multi-Fineline Electronix At $22.50, Earn 15.6% Annualized Using Options
May 27, 2015 at 11:34 AM EDT
Investors eyeing a purchase of Multi-Fineline Electronix Inc (MFLX) shares, but cautious about paying the going market price of $25.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $22.50 strike, which has a bid at the time of this writing of $1.70..