Commit To Buy MDC Partners At $2.50, Earn 34.2% Annualized Using Options
December 10, 2019 at 15:20 PM EST
Investors eyeing a purchase of MDC Partners Inc (MDCA) stock, but tentative about paying the going market price of $2.62/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $2.50 strike, which has a bid at the time of this writing of 45 cents..