Commit To Buy Ebix At $25, Earn 11.3% Annualized Using Options

Investors considering a purchase of Ebix Inc (EBIX) shares, but cautious about paying the going market price of $29.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $25 strike, which has a bid at the time of this writing of $1.25..