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Nasdaq, Inc. (NDAQ) stock is near a 3-month low. If, indeed, the market has hit a bottom, it makes sense to sell short out-of-the-money (OTM) NDAQ put options. That way, an investor can set a lower buy-in and get paid while waiting.
NDAQ is at $82.75 in midday trading on Friday, April 10. That's near its 6-month $79.01 low (Feb. 12). So, why not set a one-month lower buy-in and get paid? This article will show how.