Commit To Buy On Deck Capital At $4, Earn 12.4% Annualized Using Options
March 23, 2018 at 11:56 AM EDT
Investors considering a purchase of On Deck Capital Inc (ONDK) stock, but cautious about paying the going market price of $5.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $4 strike, which has a bid at the time of this writing of 20 cents..