Commit To Purchase Nationstar Mortgage Holdings At $23, Earn 15.7% Using Options
October 02, 2014 at 11:30 AM EDT
Investors considering a purchase of Nationstar Mortgage Holdings Inc (NSM) stock, but tentative about paying the going market price of $32.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $23 strike, which has a bid at the time of this writing of $3.60..