Commit To Buy NextNav At $2, Earn 27.5% Using Options
March 22, 2024 at 11:49 AM EDT
Investors considering a purchase of NextNav Inc (NN) shares, but tentative about paying the going market price of $6.26/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $2 strike, which has a bid at the time of this writing of 55 cents..