Commit To Purchase Macquarie Infrastructure Corp At $27.50, Earn 3.6% Using Options
May 10, 2019 at 13:06 PM EDT
Investors considering a purchase of Macquarie Infrastructure Corp (MIC) shares, but cautious about paying the going market price of $41.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $27.50 strike, which has a bid at the time of this writing of $1.00..
