Agree To Purchase McCormick & Co At $105, Earn 9% Annualized Using Options
June 18, 2018 at 11:10 AM EDT
Investors considering a purchase of McCormick & Co Inc (MKC) shares, but tentative about paying the going market price of $105.68/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 $105 strike, which has a bid at the time of this writing of $4.80..