Commit To Purchase K12 At $23, Earn 15.8% Annualized Using Options
January 16, 2019 at 11:51 AM EST
Investors eyeing a purchase of K12 Inc (LRN) stock, but tentative about paying the going market price of $24.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $23 strike, which has a bid at the time of this writing of $1.55..