Commit To Buy S&P Global At $100, Earn 2.6% Annualized Using Options

Investors eyeing a purchase of S&P Global Inc (SPGI) shares, but cautious about paying the going market price of $121.94/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 $100 strike, which has a bid at the time of this writing of $1.40..