Commit To Buy Netsuite At $80, Earn 13.6% Annualized Using Options
September 03, 2015 at 11:43 AM EDT
Investors considering a purchase of Netsuite Inc (N) shares, but tentative about paying the going market price of $88.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $80 strike, which has a bid at the time of this writing of $4.00..