Commit To Purchase K12 At $12.50, Earn 15% Annualized Using Options
October 15, 2014 at 11:45 AM EDT
Investors eyeing a purchase of K12 Inc (LRN) shares, but cautious about paying the going market price of $14.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $12.50 strike, which has a bid at the time of this writing of 80 cents..