Commit To Purchase On Deck Capital At $3, Earn 32.9% Annualized Using Options
October 09, 2019 at 11:47 AM EDT
Investors considering a purchase of On Deck Capital Inc (ONDK) shares, but tentative about paying the going market price of $3.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $3 strike, which has a bid at the time of this writing of 10 cents..
