Commit To Purchase MoneyGram International At $10, Earn 13% Annualized Using Options
January 18, 2018 at 12:03 PM EST
Investors eyeing a purchase of MoneyGram International Inc (MGI) stock, but tentative about paying the going market price of $12.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $10 strike, which has a bid at the time of this writing of 75 cents..