Commit To Buy Mueller Water Products At $10, Earn 13% Annualized Using Options
August 09, 2019 at 11:50 AM EDT
Investors considering a purchase of Mueller Water Products Inc (MWA) stock, but cautious about paying the going market price of $10.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2020 put at the $10 strike, which has a bid at the time of this writing of 70 cents..