Commit To Purchase K12 At $7.50, Earn 7.8% Annualized Using Options
January 14, 2015 at 11:40 AM EST
Investors considering a purchase of K12 Inc (LRN) stock, but cautious about paying the going market price of $10.64/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 $7.50 strike, which has a bid at the time of this writing of 25 cents..