Commit To Buy Nike At $55, Earn 1.4% Using Options
April 23, 2015 at 11:56 AM EDT
Investors eyeing a purchase of Nike (NKE) stock, but cautious about paying the going market price of $101.25/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 $55 strike, which has a bid at the time of this writing of 80 cents..