Commit To Buy Mid-America Apartment Communities At $110, Earn 2% Annualized Using Options
May 16, 2024 at 11:52 AM EDT
Investors eyeing a purchase of Mid-America Apartment Communities Inc (MAA) shares, but tentative about paying the going market price of $137.83/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 $110 strike, which has a bid at the time of this writing of $1.30..