Investors in Mattson Technology, Inc. (MTSN) saw new options begin trading today, for the July expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MTSN options chain for the new July contracts and identified the following call contract of particular interest.The call contract at the $2.50 strike price has a current bid of 05 cents. If an investor was to purchase shares of MTSN stock at the current price level of $2.17/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $2.50. Considering the call seller will also collect the premium, that would drive a total return of 17.51% if the stock gets called away at the July expiration (before broker commissions). If course, a lot of upside could potentially be left on the table if MTSN shares really soar, which is why looking at the trailing twelve month trading history for Mattson Technology, Inc., as well as studying the business fundamentals becomes important. Below is a chart showing MTSN's trailing twelve month trading history, with the $2.50 strike highlighted in red:
July Options Now Available For Mattson Technology (MTSN)
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