Commit To Purchase LinkedIn At $115, Earn 5.5% Using Options
August 19, 2015 at 11:38 AM EDT
Investors eyeing a purchase of LinkedIn Corp (LNKD) shares, but tentative about paying the going market price of $186.35/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 $115 strike, which has a bid at the time of this writing of $6.30..