Commit To Purchase On Deck Capital At $4, Earn 19.2% Annualized Using Options
January 20, 2017 at 13:21 PM EST
Investors eyeing a purchase of On Deck Capital Inc (ONDK) stock, but cautious about paying the going market price of $4.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $4 strike, which has a bid at the time of this writing of 25 cents..