Agree To Buy CMS Energy Corp At $40, Earn 4.5% Annualized Using Options

Investors eyeing a purchase of CMS Energy Corp (CMS) stock, but cautious about paying the going market price of $43.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $40 strike, which has a bid at the time of this writing of 85 cents..