Commit To Purchase Meritage Homes Corp At $35, Earn 6% Using Options
July 28, 2015 at 11:39 AM EDT
Investors eyeing a purchase of Meritage Homes Corp (MTH) stock, but cautious about paying the going market price of $45.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $35 strike, which has a bid at the time of this writing of $2.10..