Commit To Purchase Fleetmatics Group At $35, Earn 8.5% Annualized Using Options

Investors eyeing a purchase of Fleetmatics Group plc (FLTX) shares, but cautious about paying the going market price of $42.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $35 strike, which has a bid at the time of this writing of $1.90..