Agree To Purchase Navient Corp At $17.50, Earn 4.9% Annualized Using Options
April 01, 2015 at 11:36 AM EDT
Investors considering a purchase of Navient Corp (NAVI) stock, but tentative about paying the going market price of $20.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $17.50 strike, which has a bid at the time of this writing of 25 cents..