Commit To Purchase Computer Programs & Systems At $17.50, Earn 8.4% Annualized Using Options
November 04, 2016 at 11:35 AM EDT
Investors considering a purchase of Computer Programs & Systems Inc (CPSI) shares, but cautious about paying the going market price of $22.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $17.50 strike, which has a bid at the time of this writing of 90 cents..