Commit To Buy Bottomline Technologies At $22.50, Earn 6.1% Annualized Using Options
August 04, 2015 at 11:49 AM EDT
Investors considering a purchase of Bottomline Technologies Inc (EPAY) stock, but tentative about paying the going market price of $27.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $22.50 strike, which has a bid at the time of this writing of 85 cents..