Commit To Buy Molina Healthcare At $240, Earn 1.5% Annualized Using Options
April 17, 2024 at 11:40 AM EDT
Investors eyeing a purchase of Molina Healthcare Inc (MOH) shares, but tentative about paying the going market price of $363.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $240 strike, which has a bid at the time of this writing of $2.45..