Commit To Purchase Nelnet At $35, Earn 15.2% Annualized Using Options
October 09, 2015 at 11:49 AM EDT
Investors eyeing a purchase of Nelnet Inc (NNI) stock, but tentative about paying the going market price of $35.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $35 strike, which has a bid at the time of this writing of $2.35..