Commit To Buy Insperity At $40, Earn 8.2% Annualized Using Options
October 09, 2015 at 11:48 AM EDT
Investors eyeing a purchase of Insperity Inc (NSP) stock, but cautious about paying the going market price of $44.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $40 strike, which has a bid at the time of this writing of $1.70..