Commit To Purchase Nationstar Mortgage Holdings At $13, Earn 9.6% Using Options
April 01, 2015 at 11:36 AM EDT
Investors eyeing a purchase of Nationstar Mortgage Holdings Inc (NSM) stock, but tentative about paying the going market price of $25.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $13 strike, which has a bid at the time of this writing of $1.25..