Commit To Buy M/I Homes At $100, Earn 33% Annualized Using Options
May 16, 2024 at 11:36 AM EDT
Investors considering a purchase of M/I Homes Inc (MHO) shares, but tentative about paying the going market price of $131.54/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $100 strike, which has a bid at the time of this writing of $14.00..