Commit To Purchase K12 At $14, Earn 7% Annualized Using Options
October 18, 2018 at 11:52 AM EDT
Investors considering a purchase of K12 Inc (LRN) stock, but cautious about paying the going market price of $16.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $14 strike, which has a bid at the time of this writing of 40 cents..