Commit To Buy Paycom Software At $25, Earn 14.1% Annualized Using Options
April 16, 2015 at 11:59 AM EDT
Investors eyeing a purchase of Paycom Software Inc (PAYC) shares, but cautious about paying the going market price of $30.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $25 strike, which has a bid at the time of this writing of $2.10..