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Commit To Purchase LendingClub Corp At $5, Earn 11% Using Options

Investors eyeing a purchase of LendingClub Corp (LC) stock, but tentative about paying the going market price of $8.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $5 strike, which has a bid at the time of this writing of 55 cents..

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LendingClub Corporation (LC)