Commit To Buy MaxLinear At $10, Earn 11.5% Using Options
October 11, 2024 at 11:41 AM EDT
Investors considering a purchase of MaxLinear Inc (MXL) shares, but tentative about paying the going market price of $13.98/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 $10 strike, which has a bid at the time of this writing of $1.15..