Commit To Purchase Global Brass & Copper Holdings At $22.50, Earn 7.9% Annualized Using Options

Investors eyeing a purchase of Global Brass & Copper Holdings Inc (BRSS) shares, but tentative about paying the going market price of $27.24/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $22.50 strike, which has a bid at the time of this writing of 90 cents..