Commit To Purchase Nextdoor Holdings At $1.50, Earn 21% Annualized Using Options
April 24, 2024 at 11:30 AM EDT
Investors eyeing a purchase of Nextdoor Holdings Inc (KIND) stock, but tentative about paying the going market price of $2.11/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 $1.50 strike, which has a bid at the time of this writing of 5 cents..