Agree To Buy Monolithic Power Systems At $620, Earn 9.9% Annualized Using Options
August 08, 2024 at 11:33 AM EDT
Investors considering a purchase of Monolithic Power Systems Inc (MPWR) stock, but tentative about paying the going market price of $811.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2025 put at the $620 strike, which has a bid at the time of this writing of $37.70..