Commit To Purchase Bottomline Technologies At $20, Earn 8.2% Annualized Using Options
January 02, 2015 at 11:37 AM EST
Investors eyeing a purchase of Bottomline Technologies Inc (EPAY) shares, but cautious about paying the going market price of $24.63/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 $20 strike, which has a bid at the time of this writing of 75 cents..