Commit To Buy Insperity At $90, Earn 14.2% Annualized Using Options
October 09, 2019 at 11:47 AM EDT
Investors considering a purchase of Insperity Inc (NSP) shares, but tentative about paying the going market price of $97.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2020 put at the $90 strike, which has a bid at the time of this writing of $6.70..