Author: Greg Patrick, Trades Of The Day

It offers an opportunity to 1) capture an 11.6% annualized yield without even owning the stock, or 2) buy shares at a 3.8% discount to what they were just trading for…

It offers an opportunity to 1) capture a 10.0% annualized yield without even owning the stock, or 2) buy shares at a 4% discount to what they were just trading for…

The neat thing about this trade is that I’m getting paid for simply agreeing to buy the stock at the same exact price I just sold it for…

There are two ways this trade will work out. On one hand, I’d generate a 10.0% annualized yield from MAT without even buying shares. On the other hand, I’d get to buy the stock at a compelling 6.5% discount to what it was trading for yesterday…