Commit To Purchase Nicolet Bankshares At $40, Earn 2119.8% Annualized Using Options
May 13, 2024 at 13:29 PM EDT
Investors eyeing a purchase of Nicolet Bankshares Inc (NIC) stock, but cautious about paying the going market price of $81.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $40 strike, which has a bid at the time of this writing of $90.60..