Nasdaq, Inc. (NDAQ) stock has surged over 16.4% in the last two months and is up 2.6% this year, trading near analysts’ price targets. Analysts have raised their average price target for NDAQ from $101.89 to $104.20, with an upside potential of 7%. Shorting out-of-the-money puts may be a smart play.

Selling out-of-the-money puts on NDAQ stock can provide a 10-day yield of 0.295% for the Jan. 16, 2026 expiration period, and a one-month yield of 0.88%. For the Feb. 20, 2026 expiration period, the income yield is 1.24% over 45 days, with a breakeven point at $93.82, 5.7% below the current price.

Existing NDAQ investors can also consider selling covered calls to potentially generate extra income. Selling covered calls with a $105.00 strike price for the Jan. 16, 2026, expiration period can provide a 0.15% income. For the Feb. 20, 2026, period, the $105.00 call option has a $0.95 midpoint premium, offering nearly 1% income potential if NDAQ rises to $105 or higher.

Read more at Barchart: Nasdaq Stock Keeps Rising – Is It Worth Buying NDAQ Now?