Commit To Buy CBRE Group At $31, Earn 7.9% Annualized Using Options

Investors considering a purchase of CBRE Group Inc (CBG) shares, but cautious about paying the going market price of $33.90/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 $31 strike, which has a bid at the time of this writing of $1.00..