Commit To Buy Netsuite At $75, Earn 7.2% Annualized Using Options
June 05, 2015 at 11:40 AM EDT
Investors eyeing a purchase of Netsuite Inc (N) shares, but tentative about paying the going market price of $91.89/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 $75 strike, which has a bid at the time of this writing of $3.30..