Commit To Purchase Textainer Group Holdings At $5, Earn 8.7% Annualized Using Options

Investors considering a purchase of Textainer Group Holdings Ltd (TGH) shares, but tentative about paying the going market price of $7.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $5 strike, which has a bid at the time of this writing of 25 cents..