Commit To Purchase MaxLinear At $17.50, Earn 16.3% Using Options
April 15, 2024 at 12:07 PM EDT
Investors considering a purchase of MaxLinear Inc (MXL) stock, but cautious about paying the going market price of $22.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $17.50 strike, which has a bid at the time of this writing of $2.85..
