Commit To Purchase Textura Corp At $20, Earn 15.2% Annualized Using Options

Investors considering a purchase of Textura Corp (TXTR) stock, but tentative about paying the going market price of $29.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2015 put at the $20 strike, which has a bid at the time of this writing of $1.70..