Commit To Purchase LifePoint Health At $60, Earn 7.2% Annualized Using Options

Investors considering a purchase of LifePoint Health Inc (LPNT) shares, but tentative about paying the going market price of $69.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $60 strike, which has a bid at the time of this writing of $2.55..