Commit To Buy Nelnet At $50, Earn 9782% Annualized Using Options
May 16, 2024 at 11:37 AM EDT
Investors considering a purchase of Nelnet Inc (NNI) stock, but cautious about paying the going market price of $109.47/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 $50 strike, which has a bid at the time of this writing of $13.40..
