Commit To Purchase Meta Financial Group At $25, Earn 7.7% Annualized Using Options
June 14, 2019 at 14:11 PM EDT
Investors eyeing a purchase of Meta Financial Group Inc (CASH) stock, but cautious about paying the going market price of $28.48/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $25 strike, which has a bid at the time of this writing of $1.00..