Commit To Purchase Macquarie Infrastructure Corp At $27.50, Earn 4% Using Options
August 09, 2019 at 11:50 AM EDT
Investors eyeing a purchase of Macquarie Infrastructure Corp (MIC) stock, but cautious about paying the going market price of $37.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $27.50 strike, which has a bid at the time of this writing of $1.10..