Commit To Purchase Macerich At $14, Earn 1006.6% Annualized Using Options
May 16, 2024 at 11:36 AM EDT
Investors eyeing a purchase of Macerich Co (MAC) stock, but tentative about paying the going market price of $16.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $14 strike, which has a bid at the time of this writing of $13.90..