Commit To Purchase MSC Industrial Direct At $70, Earn 481.6% Annualized Using Options
June 11, 2024 at 12:24 PM EDT
Investors eyeing a purchase of MSC Industrial Direct Co Inc (MSM) stock, but tentative about paying the going market price of $83.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $70 strike, which has a bid at the time of this writing of $35.10..
