Commit To Buy Computer Programs & Systems At $45, Earn 9.4% Annualized Using Options
April 01, 2016 at 11:40 AM EDT
Investors eyeing a purchase of Computer Programs & Systems Inc (CPSI) shares, but cautious about paying the going market price of $52.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $45 strike, which has a bid at the time of this writing of $1.95..