Commit To Purchase Cimpress At $60, Earn 8.2% Annualized Using Options

Investors considering a purchase of Cimpress NV (CMPR) stock, but cautious about paying the going market price of $72.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2015 put at the $60 strike, which has a bid at the time of this writing of $2.95..