Investors can buy NKE at a 5% discount by selling put options, offering a potential 12% return.

From Barchart: 2024-04-02 07:00:02

Yesterday, Nike stock (NKE) was trading at $92.56. The June 21 put option with a strike price of $90 was priced at $2.40, allowing traders to receive $240 in option premium when selling the put.



Read more at Barchart: How to Buy NKE for a 5% Discount, or Achieve a 12% Annual Return